Real Estate Investing For Your Future: Recent Episodes
RealCrowd.com
Explore the latest commercial real estate trends, insights, and investment strategies that passive investors can use to build portfolios that last.
Click here to download the Emerging Trends Report
This series is brought to you live from ULI’s Fall Meeting in Dallas that featured over 45 sessions, 150 speakers, 240 events, and more than 5,500 members in attendance.
Featuring
Anita Kramer
Senior Director
ULI
Onay Payne
Managing Director
Lafayette Square
Andy Cohen
Co-CEO
Gensler
Links
Learn about ULI Emerging Trends in Real Estate
Learn about ULI
About ULIDedicated to advancing Urban Land Institute’s capacity to connect, inspire, and lead, the ULI Foundation leverages its charitable 501(c)3 organizational status to secure and manage philanthropic assets and partnerships. This extraordinary tradition of ULI member altruism and goodwill serves to benefit and grow the ULI mission, changing millions of lives and improving communities around the globe.
This series is brought to you live from ULI’s Fall Meeting in Dallas that featured over 45 sessions, 150 speakers, 240 events, and more than 5,500 members in attendance.
Featuring:
Christopher PtomeyExecutive Director
ULI Terwilliger Center for Housing
Michael Spotts
Former Senior Visiting Research Fellow (confirm with Christopher)
ULI Terwilliger Center for Housing
Links
Learn more about the Terwilliger Center for Housing
Attainability Index
About Terwilliger Center for Housing
The goal of the Terwilliger Center for Housing is to advance best practices in residential development and public policy, and to support ULI members and local communities in creating and sustaining a full spectrum of housing opportunities, particularly for low- and moderate-income households.
About ULI
Dedicated to advancing Urban Land Institute’s capacity to connect, inspire, and lead, the ULI Foundation leverages its charitable 501(c)3 organizational status to secure and manage philanthropic assets and partnerships. This extraordinary tradition of ULI member altruism and goodwill serves to benefit and grow the ULI mission, changing millions of lives and improving communities around the globe.
In today’s conversation we are joined by truly an all star cast with Paul Angelone and Timothy Moore from ULI, Cullum Clark from the George W. Bush Institute, and finally Craig Leibowitz, Erik Foster, and Carl Quesinberry of Avison Young.
This series is brought to you live from ULI’s Fall Meeting in Dallas that featured over 45 sessions, 150 speakers, 240 events, and more than 5,500 members in attendance. Featuring:
Paul AngeloneSenior Director, Curtis Infrastructure Initiative
ULI
Cullum ClarkDirector
George W. Bush Institute
Adjunct Professor of Economics
SMU
Timothy MooreManager at Boston/New England
ULI
Craig LeibowitzExecutive Director, Innovation & Insight
Avison Young
Erik FosterPrincipal, Head of Industrial Capital Markets
Avison Young
Carl QuesinberrySenior Director
Avison Young
Links:
Curtis Infrastructure Initiative
Articles by Cullum Clark
Vitality Index
Learn more about ULI
About ULI
Dedicated to advancing Urban Land Institute’s capacity to connect, inspire, and lead, the ULI Foundation leverages its charitable 501(c)3 organizational status to secure and manage philanthropic assets and partnerships. This extraordinary tradition of ULI member altruism and goodwill serves to benefit and grow the ULI mission, changing millions of lives and improving communities around the globe.
In today’s conversation we are joined by Charles Tu, Daniel Mulvhill Endowed Chair of the Real Estate Department at the University of San Diego’s Knauss School of Business.
Charles joined us to help break down real estate waterfalls and Pro Forms, and the common mistakes that investors make when reviewing them.
This series is brought to you live from ULI’s Fall Meeting in Dallas that featured over 45 sessions, 150 speakers, 240 events, and more than 5,500 members in attendance.
Featuring
Charles Tu
Daniel Mulvhill Endowed Chair, Chair, Real Estate Department
University of San Diego's Knauss School of Business
Links
Learn more about Charles Tu
Learn more about USD's Knauss School of Business
Learn more about ULI
About ULI
Dedicated to advancing Urban Land Institute’s capacity to connect, inspire, and lead, the ULI Foundation leverages its charitable 501(c)3 organizational status to secure and manage philanthropic assets and partnerships. This extraordinary tradition of ULI member altruism and goodwill serves to benefit and grow the ULI mission, changing millions of lives and improving communities around the globe.
In today’s conversation we are joined by AJ Jackson of JBG Smith and Collete English Dixon of Roosevelt University to discuss ULI’s emphasis Diversity, Equity and Inclusion.
This series is brought to you live from ULI’s Fall Meeting in Dallas that featured over 45 sessions, 150 speakers, 240 events, and more than 5,500 members in attendance.
Featuring
AJ Jackson
EVP, Social Impact Investing
JBG Smith
Collete English Dixon
Executive Director, Marshall Bennett Institute of Real Estate
Roosevelt University
Links
Download the 10 Principles for Embedding Racial Equity in Real Estate Development
Learn more about ULI's Diversity, Equity and Inclusion (DEI)
Learn more about ULI
About ULI
Dedicated to advancing Urban Land Institute’s capacity to connect, inspire, and lead, the ULI Foundation leverages its charitable 501(c)3 organizational status to secure and manage philanthropic assets and partnerships. This extraordinary tradition of ULI member altruism and goodwill serves to benefit and grow the ULI mission, changing millions of lives and improving communities around the globe.
Last month, we had the pleasure of attending the 2022 ULI Fall Meeting in Dallas which featured over 45 sessions, 150 speakers, 240 events, and more than 5,500 members in attendance. This podcast series is brought to you live from ULI’s Fall Meeting in Dallas.
Featured on this episode:
Marta Schantz, Executive Director, ULI Randall Lewis Center for Sustainability in Real Estate
Our first interview is with Marta Schantz. She discusses highlights from her panel at the Fall Meeting; Financing Decarbonization: The Great Real Estate Investment Opportunity of the Decade?
Elena Alschuler, Head of Sustainability for the Americas, LaSalle Investment Management and a member of ULI Washington
Elena shares insights from her panel at the Fall Meeting: How to Choose, Use, and Better Understand Climate Risk Analytics.
Lindsay Brugger, Vice President, ULI’s Urban Resilience Program
Lindsay shares insights from her panel at Fall Meeting: Demystifying Climate Preparedness: How to Prepare Our Buildings and Cities to Weather Climate Change.
Links
Learn more about ULI
Download the ULI, LaSalle Climate Risk Report
How to Choose Use and Better Understand Climate Risk Analytics
Firebreak: Wildfire Strategies for Resilience
Water Wise: Strategies for Drought Resilient Development
How the Real Estate and Insurance Industries can Prepare for Extreme Weather Events
ULI Randall Lewis Center for Sustainability in Real Estate
Five free First Street Foundation report downloads for ULI members
About ULI
Dedicated to advancing Urban Land Institute’s capacity to connect, inspire, and lead, the ULI Foundation leverages its charitable 501(c)3 organizational status to secure and manage philanthropic assets and partnerships. This extraordinary tradition of ULI member altruism and goodwill serves to benefit and grow the ULI mission, changing millions of lives and improving communities around the globe.
Jon founded LURIN in 2016 and serves as CEO and General Partner of LURIN. Previously, Jon was Senior Managing Director and Head of Surveyor Capital Ltd at Citadel LLC. Surveyor Capital is a global equity, long/short multi-manager strategy. From 2009 to 2016, Jon was a member of Citadel’s Investment Committee.
In this episode, Jon Venetos shares his transition from the hedge fund world to real estate and the founding of LURIN. He discusses his approach to increasing interest rates and optimism in the current market.
About LURIN
LURIN, a real estate investment firm headquartered in Dallas, Texas, acquires stressed and distressed Class B and C multifamily assets, along with Class A first generation, value-add opportunities in growth markets in the Southeast. LURIN typically targets markets that benefit from strong employment growth, limited supply, and a favorable economic and political environment with a growing population and good quality of life.
Learn more about Jon Venetos
Linkedin - Jon Venetos
Website - LURIN
We had the pleasure of speaking with Andrew Sinclair, CEO & Principal at Midloch Investment Partners. On this episode, Andy discusses the current state of the industrial real estate market. What he's seeing with rental rates and ways to improve an industrial property's value.
LinksBISNOW
Self Storage | Marcus & Millichap
Self Storage | Industries - JLL
Self Storage | Marcus & Millichap
Andrew Sinclair's Linkedin - Click here
Learn more about Midloch Investment Partners - Click here
About Andrew Sinclair
Andy is an accomplished real estate investment professional whose experience spans real estate private equity investments and institutional brokerage. He has invested and participated in approximately +/-$2.0 billion in real estate transactions. As CEO of Midloch, Andy is involved in all facets of the business, including working with investors, making investment decisions, and overseeing the company's long-term growth.
About Midloch Investment Partners
Midloch Investment Partners is focused on providing investors access to quality small and middle-market real estate investments with value-add returns. The principal team seeks to create a portfolio diversified by both geographical location and asset class through national relationships, as well as experience investing in multifamily, industrial, office, and commercial assets.
Featured on this episode: Urban Land Institute (ULI) Chief Marketing Officer, Leslie Nagao and Billy Grayson, Executive Vice President of Centers and Initiatives.
In this episode, Leslie and Billy discuss the biggest trends impacting real estate, how climate risk is factoring into financial modeling, and their upcoming Fall Meeting in Dallas featuring leading minds from every corner of the real estate industry.
We are excited to announce that we will be bringing the podcast to Dallas to share highlights from the 2022 ULI Fall Meeting.
Go to fall.uli.org to register for Urban Land Institute's Fall Meeting
promo code PODCAST15 for a 15% discount.
About ULI
ULI is the oldest and largest network of cross-disciplinary real estate and land use experts in the world. Through their members' dedication to the mission and their shared expertise, the Institute has been able to set standards of excellence in development practice.
ULI Reports From This Episode
ULI Net Zero Compendium
Climate Migration and Real Estate Investment Decision-Making
How to Choose, Use, and Better Understand Climate-Risk Analytics
Michael Beckerman at CREtech and CREtech Climate joined us on the podcast to discuss his upcoming conference in New York featuring some of the biggest names in commercial real estate.
The founding of the CREtech Climate Program to solve the 40% problem and dives into how new technology is impacting the real estate sector.
About CREtech
CREtech is Reimagining Real Estate. They are the largest international community of professionals devoted to technological innovation in the real estate sector.
Links
Learn more about CREtech, click here
Michael Beckerman's LinkedIn, click here
CREtech New York 2022
Promo Code: REAL20NY
"The four d’s of self-storage demand. These are the things that if they're happening in your life, they’re generally driving demand. And so those are death, dislocation, downsizing, and divorce." - Kris Benson, Chief Investment Officer at Reliant Real Estate Management
On this episode Kris Benson joins us to discuss how self-storage works. He goes through the factors that drive demand for self-storage and what he looks for when evaluating self-storage properties.
About Reliant Real Estate Management
Reliant Real Estate Management, founded in 2010, is a vertically integrated commercial self-storage operator located in Roswell, GA. In 2021 Reliant was the 27th largest self-storage operator in the U.S. and as of January 2022 has 70 properties in their portfolio located across 8 states.
LinksLearn More About Reliant Real Estate Management, click here
Kris Benson's LinkedIn
Learn more about National Association of REITs, click here
On this episode we have Nate Kline, Founder and Chief Investment Officer at OneWall Communities. Nate discusses today’s multi-family market in an environment with rising interest rates and inflation, what he looks for in a sponsor, and how he looks at an opportunity.
About OneWall Communities
OneWall Communities is a vertically integrated real estate firm that specializes in the acquisition, development and management of transit-oriented and lifestyle-oriented workforce housing in the Northeast/Mid-Atlantic. OneWall combines a strategic market approach, an entrepreneurial attitude and a commitment to creating great communities to optimize value for both investors and residents.
LinksLearn More About OneWall Communities, click here
Learn More About Nate Kline, click here
Federal Reserve Economic Data, click here
Dr. Peter Linneman, joins us on the podcast to discuss his upcoming book, The Great Age Reboot co-authored by Michael Roizen - Emeritus Chief Wellness Officer at the Cleveland Clinic and Albert Ratner - an expert on Population Economics.
Dr. Peter Linneman shares his insights on how longer lifespans could impact the economy and the real estate market. He also gives us his stance regarding today’s rising interest rate environment.
About Linneman Associates
Linneman Associates, LLC is a premier consulting and research firm, specializing in commercial real estate investment strategy. Their clients represent a wide range of industries and countries, but primarily include institutional investors, REITs, developers, and opportunistic private equity firms seeking to implement thoughtful and disciplined investment strategies. Their clients value their market insights and analyses as well as their ability to assess and simplify the ever-changing macroeconomic, political, and capital market environments, particularly as they relate to commercial real estate investing.
Links
Learn More About Linneman Associates, click here
Linneman Letter, click here
The Great Age Reboot: Cracking the Longevity Code for a Younger Tomorrow, click here
We had the opportunity to sit down with Beth Burnham Mace to discuss, Senior Housing, and the difference between Senior Housing and Skilled Nursing.
Listen as Adam and Beth discuss the fundamentals of Senior Housing, the current state of the market, and demand drivers investors should keep an eye on.
About The National Investment Center for Seniors Housing & Care (NIC)
The National Investment Center for Seniors Housing & Care (NIC) is a nonprofit organization whose mission is to enable access and choice by providing data, analytics and connections that bring together investors and providers.
LinksLearn more about NIC, click here
NIC Chat Podcast, click here
NIC Blog & Notes, click here
Are you curious about the future of the workplace and what it means for the office market?
On this episode we were joined by David Kahn, Director of Market Analytics at CoStar Group where he discussed the current state of the office market, how has the pandemic reshaped the workplace and the key factors he tracks to monitor the office market.
About CoStar Group
CoStar Group, Inc. is the leading provider of commercial real estate information, analytics and online marketplaces. Founded in 1987, CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information.
Links
To learn more about CoStar Group, click here
https://www.linkedin.com/in/dkahn23/
On this episode, Gunnar shared his insights on why the U.S. Real Estate Market continues to attract foreign investors.
About AFIRE
AFIRE is the association for international real estate investors focused on commercial property in the United States.
Established in 1988, AFIRE is a nonprofit trade association headquartered in Washington, DC, and is an essential forum providing high-value thought leadership for real estate leaders from around the world.
Links
Learn more about AFIRE, click here.
To listen to his weekly real estate podcast, the AFIRE Podcast, click here.
TEDx speech on Moore's Law and Real Estate, click here.
Jamie Woodwell is Vice President in the Research and Economics group at the Mortgage Bankers Association (MBA), where he oversees MBA's research and related activities covering the commercial and multifamily real estate markets.
Jamie and his work are regularly cited in the media, on Capitol Hill and in regulatory settings. He is a regular speaker at industry and corporate events; has appeared on CNBC, Bloomberg and in other popular and trade press; and testified before the Congressional Oversight Panel for TARP. Jamie initiated many of MBA's research activities, and created MBA's Peer Business Roundtables and the CREF Careers program.
Enjoy this conversation with Jamie and please check the show notes for a link to the full report Q3 Report from MBA.
About The Mortgage Bankers Association (MBA)
The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 280,000 people in virtually every community in the country. Headquartered in Washington, D.C., the association works to ensure the continued strength of the nation's residential and commercial real estate markets; to expand homeownership and extend access to affordable housing to all Americans.
LinksQ3 Report, click here
Stay up to date on the latest research out of MBA, click here
Learn more about CREF Research, click here
Learn more about The Mortgage Bankers Association (MBA), click here
Byron Carlock Jr. who leads PwC’s U.S. Real Estate Practice is back on our podcast and takes us through PwC’s latest Emerging Trends in Real Estate Report. In this episode, we will cover the top 10 trends impacting real estate today.
About Byron Carlock, Jr.
Byron Carlock leads PwC’s U.S. Real Estate Practice. With 28 years of experience serving the industry, Byron brings extensive knowledge of the full real estate life cycle including matters ranging from strategic planning and property transaction advisory to capital formation, and business plan execution. In addition, he has expertise in governance, board matters, mergers and acquisitions and corporate conflict matters. Byron has experience advising major clients including corporate owners and users, developers, hospitality organizations, investors and REITs.
Full Report, click here
LinksTo learn more about PwC, click here.
Connect with Byron Carlock on Linkedin, click here.
Tim Blair, President of CCIM Institute joins us on the podcast to share the latest with CCIM, then puts on his sponsor hat to discuss the state of retail and insights on the retail market.
He also discusses how he utilizes quantitative analysis to optimize portfolio performance.
About CCIM Institute
CCIM Institute courses, taught by instructors who are themselves industry leaders, deliver commercial real estate investment methodologies and tools that speed the pathway between opportunity, a go/no-go decision, and success for an asset. Each class is designed to enhance the success of commercial real estate professionals regardless of specialty.
LinksTo learn more about CCCIM, click here
CCIM classes, click here
Shannon Waltchack, click here
A simple way to learn Real Estatehttps://realcrowduniversity.com/
On this episode, Doug joins us to discuss drivers behind the rising demand for multifamily, the cities experiencing the fastest rent growth, and opportunities in growing markets.
Yardi Matrix
Yardi® Matrix offers the industry’s most comprehensive market intelligence tool for investment professionals, equity investors, lenders and property managers who underwrite and manage investments in multifamily, student housing, industrial, office and self storage property types. We provide nationwide market and institutional research reports that leverage property-level details of multifamily properties. Yardi Matrix also uses data in the Yardi property management system stack to create aggregated and anonymized operating expense, revenue, and operational metric data that improves underwriting analysis and competitive benchmarking.
LinksMultifamily Outlook Report, click here
Learn more about Yardi Matrix, click here
https://www.linkedin.com/in/doug-ressler-7b20968/
https://www.yardimatrix.com/
https://www.rentcafe.com/
On this episode, Dr. Peter Linneman founding principle of Linnemann Associates and the founding chairman of The Wharton Real Estate Department discusses the health of the economy, what real estate sectors to look into, and the economic data he's tracking.
For nearly four decades, Dr. Peter Linneman has been a critical influence in driving the professionalization of real estate capital markets and the commercial real estate industry. Thousands of global and regional real estate investment professionals look to Linneman Associates, LLC’s insights each quarter through subscriptions to The Linneman Letter.
About Linneman Associates, LLC
Linneman Associates, LLC is a premier consulting and research firm, specializing in commercial real estate investment strategy.
Links
Real Estate Finance Textbook, click here
To learn more about Linneman Associates, click here
As we reflect on the first half of the year and look towards the second half, we thought it would be a great time to seek market insight from Jeff Krumpelman of Mariner Wealth Advisors.
Jeff is the Chief Investment Strategist and Head of Equity Investments at Mariner and he joined us to help breakdown where the market is headed in the second half of 2021.
About Mariner Wealth Advisors
Mariner Wealth Advisors is a leading national wealth advisory firm. Mariner’s wealth advisory teams help clients achieve & maintain financial peace of mind – preserving the wealth they have created & building a legacy for future generations of family & business leaders.
Presentation Slides, click here Links
Learn more about Mariner Wealth Advisors, click here.
Brian Beaulieu CEO of ITR Economics™, shares his latest forecast on the national and global economies, including, where the opportunities are for business owners and real estate investors.
Brian Beaulieu has served as CEO and Chief Economist of ITR Economics™ since 1987, where he researches the use of business cycle analysis and economic forecasting as tools for improving profitability.
About ITR Economics™
ITR Economics™ provides the best economic intelligence to reduce risk and drive practical and profitable business decisions.
Since 1948, we have provided business leaders with economic information, insight, analysis, and strategy. ITR Economics is the oldest privately held, continuously operating economic research and consulting firm in the US.
With a knowledge base that spans six decades, we have an uncommon understanding of long-term economic trends as well as best practices ahead of changing market conditions. Our reputation is built on accurate, independent, and objective analysis.
Links
Learn more about ITR Economics™, click here
https://www.linkedin.com/in/brian-beaulieu-28481977/
https://www.itreconomics.com/
Webinar
July 2021 – The Coming Great Depression: Impact of Pertinent Trends a Year Into the Pandemic
On this special episode RealCrowd CEO, Adam Hooper, is a guest on Main Street Business podcast. Listen as he dives deep into the five key areas of risk found in real estate.
Directed IRA | Directed Trust Company
Directed IRA provides industry leading self-directed IRA accounts to investors across the U.S. Most account holders at Directed IRA are using their retirement plan funds to invest in non-publicly traded investments such as real estate, LLC/LP, IRA/LLCs (aka, checkbook control IRAs), precious metals, notes, and Bitcoin and cryptocurrency. Directed IRA is a trade-name of Directed Trust Company and was founded by tax attorneys Mat Sorensen, CEO, and Mark J. Kohler, CFO.
Links
Learn more about Directed IRA | Directed Trust Company, click here
https://www.linkedin.com/in/matsorensen/
https://directedira.com/
https://directedira.com/podcast/
Cindy Chetti, Senior Vice President for Government Affairs with the National Multi Housing Council, gives us an inside look on upcoming policy changes and how they might impact the multifamily industry.
National Multifamily Housing Council
NMHC is the place where the leaders of the apartment industry come together to guide their future success. With the industry’s most prominent and creative leaders at the helm, NMHC provides a forum for insight, advocacy and action that enable both members and the communities they build to thrive.
LinksLearn more about NMHC, click here
https://www.linkedin.com/in/cindy-chetti-28541a91/https://www.linkedin.com/company/national-multifamily-housing-council/mycompany/
https://www.nmhc.org/
Are you up to date on multifamily? Doug Ressler, Senior Research Officer with Yardi Matrix, joins us to discuss trends and key market factors for multifamily investing.
Yardi Matrix
Yardi® Matrix offers the industry’s most comprehensive market intelligence tool for investment professionals, equity investors, lenders and property managers who underwrite and manage investments in multifamily, student housing, industrial, office and self storage property types. We provide nationwide market and institutional research reports that leverage property-level details of multifamily properties. Yardi Matrix also uses data in the Yardi property management system stack to create aggregated and anonymized operating expense, revenue, and operational metric data that improves underwriting analysis and competitive benchmarking.
Links
Learn more about Yardi Matrix, click here
https://www.linkedin.com/in/doug-ressler-7b20968/
https://www.yardimatrix.com/
https://www.rentcafe.com/
Is your IRA feeling locked down in stocks and bonds? Mat Sorensen discusses how to unlock your IRA and gain a whole new level of access to investments not available in a traditional or roth ira.
Directed IRA | Directed Trust Company
Directed IRA provides industry leading self-directed IRA accounts to investors across the U.S. Most account holders at Directed IRA are using their retirement plan funds to invest in non-publicly traded investments such as real estate, LLC/LP, IRA/LLCs (aka, checkbook control IRAs), precious metals, notes, and Bitcoin and cryptocurrency. Directed IRA is a trade-name of Directed Trust Company and was founded by tax attorneys Mat Sorensen, CEO, and Mark J. Kohler, CFO.
Links
Learn more about Directed IRA | Directed Trust Company, click here
https://www.linkedin.com/in/matsorensen/
https://directedira.com/
https://directedira.com/podcast/
Are women different than men when it comes to investing and retirement planning?
This week we have none other than Suzanne Wheeler, CFP®, AIF®, CeFT™ , Managing Director & Senior Wealth Advisor at Mariner Wealth Advisors to discuss the right plan to close the gender gap when it comes to investing and retirement planning.
About Mariner Wealth Advisors
Mariner Wealth Advisors is a leading national wealth advisory firm. Mariner’s wealth advisory teams help clients achieve & maintain financial peace of mind – preserving the wealth they have created & building a legacy for future generations of family & business leaders. To do so, we provide holistic, innovative & client-focused solutions. We bring together talented resources, innovative offerings & proactive advice with a single purpose in mind – to deliver confidence to our clients so they can focus on what’s most important.
Links
To learn more about Mariner Wealth Advisors, click here
https://www.linkedin.com/in/suzannecwheeler/
https://www.marinerwealthadvisors.com/
A simple way to learn Real Estate
https://realcrowduniversity.com/
A quick outlook on multifamily with Paul Kaseburg.
Paul Kaseburg, Chief Investment Officer at MG Properties is back on our podcast to discuss the key factors shaping the multifamily and where the market stands.
About MG PropertiesMG Properties Group specializes in the acquisition, development, rehabilitation and management of apartment communities throughout the western United States. With a commitment to “Enriching Lives Through Better Communities,” the company has provided thousands of quality living spaces for its residents, produced excellent returns for its investors, and created fulfilling career opportunities for its employees.
LinksTo learn more about MG Properties Group, click here
https://www.linkedin.com/in/kaseburg/
https://www.mgproperties.com/
https://www.berkadia.com/
https://www.cbre.us/
https://uli.org/
https://www.nmhc.org/
A simple way to learn Real Estate
https://realcrowduniversity.com/
Tired of feeling anxious around tax season every year? Us too!
That’s why we were excited to have Brandon Hall, CEO at The Real Estate CPA, join us on the podcast to share the two best tools available at your fingertips to simplify your tax life in 2021 and beyond.
About The Real Estate CPA
The Real Estate CPA, we help high net worth individuals, real estate investment companies, syndicates, and private equity funds save thousands in taxes, streamline their accounting process, and grow their companies with outsourced CFO services.
LinksTo learn more about The Real Estate CPA, click here
https://www.linkedin.com/in/brandonhallcpa/
https://www.therealestatecpa.com/
A simple way to learn Real Estatehttps://realcrowduniversity.com/
Dusty Batsell, Executive Vice President of Real Estate at Baceline Group joins us and breaks down the future of consumer markets.
Dusty oversaw the retail leasing, operations, and management for a publicly-traded student housing REIT. Dusty has also sponsored and led the evaluation and adoption of a new retail operating system and built a Retail Asset Management team from scratch.
About Baceline
Baceline Group is a premier, boutique private real estate investment and management company that believes in strengthening American communities.
Links
To learn more about Baceline, click here.
https://www.bacelinegroup.com
Is working from home here to stay? Have transactions in the office market come to a halt? Are property values and rental rates crashing?
If you’re like a lot of listeners, you have some big questions about what’s happening with office. Which is why we are excited to have a big time guest on the podcast to help answer those questions!
Michael Roessle, Director of US Office Analytics at CoStar Group, joined us on the podcast to provide clarity on the story that the data is telling.
About CoStar GroupAt CoStar Group we equip our clients with the information and tools they need to succeed in every aspect of their business, across all asset classes. As the largest commercial real estate information and analytics provider, we take pride in empowering industry professionals with the most compressive data to make decisions with confidence. That’s the power that comes with knowing.
Links
Click here to download the slides from the presentation.
If you'd like to have Chris Bixby and the team over at Mariner Wealth Advisors help offer a second opinion on your portfolio head to: https://www.reallocate.com/get-invite.
Chris Bixby, Senior Wealth Advisor at Mariner Wealth Advisors, joined us for a webinar to discuss incorporating real estate into your financial plan.
Chris is a CERTIFIED FINANCIAL PLANNER™ professional, Chartered Life Underwriter, Certified Advisor for Senior Living, Retired Income Certified Professional®and an Enrolled Agent with the IRS.
Chris has a particular focus on tax, estate and retirement planning. He helps families manage tax and estate tax ramifications related to achieving their financial goals. He has more than two decades of industry experience.
Matt Larriva is Vice President for Research and Data Analytics at FCP where he leverages data science and quantitative methods to enhance asset selection, management, and disposition across real estate investments. His active research focuses on multivariate timeseries analysis as it applies to cap rate forecasting (Vector Error Correction Methods as models of US Real Estate Markets (working)), and random forest methods as they apply to submarket rent-growth in unstructured data (Semi-Greedy Construction of Oblique-Split Decision Trees (2019)). His work on domestic net migration has been featured in Bloomberg News and Fox Business News.
Prior to joining FCP, Matt worked at Green Street Advisors as the head of the US and UK Quant teams, managing the data efforts in the sell-side real estate research firm. While at Green Street, he focused on REIT trading strategies, data productization, and analytic enhancements. Matt completed his undergraduate degree in economics at the Wharton School of the University of Pennsylvania. He holds a Masters in applied statistics from UCLA and is a CFA charter holder.
FCP is a privately-held real estate investment company based in Chevy Chase, MD currently investing a $755 million comingled fund focused in the Mid-Atlantic, the Southeast US, and Texas. Since its inception in 1999, FCP has invested in or financed more than $8.3 billion in assets and currently owns and manages four funds totaling $3.6 billion in assets.
Links
To learn more about FCP and the researching Matt is doing head to:https://www.fcpdc.com/
Andy Garrison is a Senior Wealth Advisor at Mariner Wealth Advisors.
Does Mariner sound familiar? Our sister company, ReAllocate, partnered with Mariner Wealth Advisors to give investors the ability to access teams dedicated to helping you build a real estate portfolio based on your personal investment roadmap and financial goals.
If you'd like to learn more about how ReAllocate + Mariner Wealth Advisors can help you head to— BuildMyRoadmap.com.
To learn more about about Mariner Wealth Advisors head to: https://www.marinerwealthadvisors.com/
Welcome to another episode of our Mariner Wealth Advisors special series.
In today’s episode, we are featuring a special conversation that Mariner Wealth Advisors hosted for their advisors and clients. This special chat will cover how the election impacts the economy, estate planning, and some tips on changes you can make to your portfolio to increase tax savings.
In this episode you’ll hear from the below Mariner team members:
Brian Leitner - Head of Wealth Management
Bill Greiner - Chief Economist
Jodi Robinson - Managing Director, Tax Planning & Preparation
Patrick Shaw - Director Senior Wealth Advisor
If you'd like to learn more about how ReAllocate + Mariner Wealth Advisors can help you build a roadmap for your real estate investments head to — BuildMyRoadmap.com.
Brian Leitner, Head of Wealth Management at Mariner Wealth Advisors, joined us on the podcast to kick-off our special Mariner Wealth Advisorspodcast series.
In this series, we'll be joined by team members at Mariner Wealth Advisors to discuss wealth management fundamentals including stock market forecasts, financial planning, estate planning, optimizing tax strategies and more.
Does Mariner sound familiar? Our sister company, ReAllocate, partnered with Mariner Wealth Advisors to give investors the ability to access teams dedicated to helping you build a real estate portfolio based on your personal investment roadmap and financial goals.
If you'd like to learn more about how ReAllocate + Mariner Wealth Advisors can help you head to— BuildMyRoadmap.com.
Links
Learn more about about Mariner Wealth Advisors at: https://www.marinerwealthadvisors.com/
Check out content produced by Mariner Wealth Advisors at: https://www.marinerwealthadvisors.com/insights/
Download Emerging Trends in Real Estate at:https://www.pwc.com/us/en/asset-management/real-estate/assets/pwc-emerging-trends-in-real-estate-2021.pdf
Byron Carlock leads PwC’s U.S. Real Estate Practice. With 28 years of experience serving the industry, Byron brings extensive knowledge of the full real estate life cycle including matters ranging from strategic planning and property transaction advisory to capital formation, and business plan execution. In addition, he has expertise in governance, board matters, mergers and acquisitions and corporate conflict matters. Byron has experience advising major clients including corporate owners and users, developers, hospitality organizations, investors and REITs.
Prior to assuming his current role, Byron served as the CEO and President of CNL Lifestyle Properties, Inc for seven years and served CNL as President of two other REITs over his 11-year tenure there. His resume also includes three years as Executive Vice President and Chief Investment Officer of Post Properties and nine years as Managing Director for Crow Holdings International.
Byron is a CPA, currently a governor of the Urban Land Institute (ULI), a member of Real Estate Roundtable, NAREIT and AFIRE. He is also a board member of Harvard Club of Dallas and a board member emeritus of Harvard Business School.
Byron earned his BBA at Harding University and also participated in the International Asian Studies Program at The Chinese University of Hong Kong, where he was a Rotary Scholar. Byron also earned his MBA at Harvard Business School. Byron has been extensively featured in media such as Fox Business News, and The New York Times, and writes a regular monthly column for National Real Estate Investor.
Links
Connect with Byron Carlock on LinkedIn at: https://www.linkedin.com/in/byron-carlock-b56b9a7
Follow Byron Carlock on twitter at: https://twitter.com/ByronCarlockJr
Learn more about PwC at: https://www.pwc.com/us/en/industries/asset-wealth-management/real-estate.html
Learn more about joining ULI at: https://uli.org/join/
Jackie Greene is the Director of Economics at ITR Economics.
Since 1948, ITR Economics has provided business leaders with economic information, insight, analysis, and strategy. ITR Economics is the oldest privately held, continuously operating economic research and consulting firm in the US.
Links
ITR's Upcoming Webinar - The Results Are In: This Is What Changed for 2021-2022
ITR Economics Blog - https://blog.itreconomics.com/blog
Book Jackie Discussed: Prosperity In The Age Of Decline
Jamie Woodwell is Vice President in the Research and Economics group at the Mortgage Bankers Association (MBA), where he oversees MBA's research and related activities covering the commercial and multifamily real estate markets.
Jamie and his work are regularly cited in the media, on Capitol Hill and in regulatory settings. He is a regular speaker at industry and corporate events; has appeared on CNBC, Bloomberg and in other popular and trade press; and testified before the Congressional Oversight Panel for TARP. Jamie initiated many of MBA's research activities, and created MBA's Peer Business Roundtables and the CREF Careers program.
Links
Stay up to date on the latest research out of MBA at: https://www.mba.org/crefresearch
Learn more about MBA at: https://www.mba.org/
Chris Nebenzahl, Director at Yardi Matrix, joined us on the podcast to discuss his latest report on the Multifamily Market.
At Yardi, Chris manages research operations for Multifamily, Self-storage, Office, Medical Office, Industrial, and Student Housing asset classes.
Chris leads a team of ten research analysts, creating content, bespoke client reports, and new research products for the Yardi Matrix platform. His focus is on demographic and economic drivers that impact the real estate market and built environment.
Links
Steve cited many different sources throughout the interview. If you’d like to learn more, click the links below.
Learn More About Yardi Matrixhttps://www.yardimatrix.com/
Subscribe to Yardi’s Newsletterhttps://www.yardimatrix.com/ReportSubscription
Download Reports From Yardi https://www.yardimatrix.com/Publications
Steve Weikal is Head of Industry Relations at the MIT Center for Real Estate, responsible for managing relationships between the Center and its global network of industry partners and nearly 1100 alumni of the MIT Master’s in Real Estate Development (MSRED) program, in 46 countries. He is also a lecturer and researcher, and the CRE Tech lead in the MIT Real Estate Innovation Lab, focused on innovative new technology and business models that disrupt the traditional ways of developing, transacting and managing real estate.
Steve was the Founder of MIT Real Disruption, a successful series of conferences discussing the impact of emerging technology on the real estate industry that is now part of the international CREtech conference platform. He is a member of the CREtech Leadership Board, and sits on the advisory boards of three real estate technology start-ups. Steve has spoken extensively about real estate technology at conferences for AFIRE, ULI, IREM, SIOR, CCIM, CoreNet, ICSC and BOMA, and has been quoted by numerous media outlets, including BuzzFeed, TechInsider, the Boston Globe, GlobeSt. the Real Reporter, Travel Weekly, IPE Real Assets Europe and Anuario Inmobiliario LatinoAmerica.
Steve holds a Master’s of Science in Real Estate Development (MSRED) and Master’s in City Planning (MCP) from the Massachusetts Institute of Technology, and a law degree from Suffolk University Law School. He is a licensed attorney, a licensed real estate broker and a LEED Accredited Professional.
Links
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MIT Sustainable Urbanization Lab - https://www.sul.mit.edu/
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Price Dynamics Platform - http://pricedynamicsplatform.mit.edu/
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Real Estate Innovation Lab - https://realestateinnovationlab.mit.edu/
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Center For Real Estate - https://mitcre.mit.edu/
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Automation in Real Estate: A Primer on Smart Buildings and Digital Twins - https://realestateinnovationlab.mit.edu/research_article/automation-in-real-estate-a-primer-on-smart-buildings-and-digital-twins/
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Investors fund new initiative to assess climate change transition risk in global real estate investment portfolios - https://www.pggm.nl/en/press/investors-fund-new-initiative-to-assess-climate-change-transition-risk-in-global-real-estate-investment-portfolios/
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Rising Seas Threaten an American Institution: The 30-Year Mortgage - https://www.nytimes.com/2020/06/19/climate/climate-seas-30-year-mortgage.html
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Climate Change Migration - https://www.nytimes.com/2019/04/15/climate/climate-migration-duluth.html
Ivy Zelman is Chief Executive Officer of Zelman & Associates holding roughly 30 years of experience covering housing and housing-related industries. In 2007, Ivy co-founded Zelman & Associates. The firm provides analyses across all aspects of the housing spectrum. Ivy’s concept for the firm remains strongly rooted in the ability to perform thematic research overlaid with proprietary surveys to produce unparalleled differentiated value-added research.
Ivy has been widely known and respected for her bold thinking and accurate assessments where others failed, helping industry players avoid costly mistakes and capture game-changing opportunities. In 2005, she called the top of the housing market. Ivy famously asked Toll Brothers CEO Bob Toll on the Q4 2006 Toll Brothers conference call “Which Kool-Aid Are You Drinking?”
From there Ivy called the bottom of the housing market in January 2012, thus reinforcing her dominant reputation within the industry. She helped best-selling writer, Michael Lewis with research related to the mortgage crash. This became a part of his best-selling book turned movie, Liar’s Poker. Michael wrote in the book “all roads led to Ivy.”
Her convictions have been recognized by Institutional Investor ranking her as one of the most preeminent figures within the housing industry. Most notably, Institutional Investors - America Research Team rankings placed Ivy and her team with eleven 1st place rankings (1999 – 2004, 2006 – 2007 and 2010 – 2013). Additionally, Hanley Wood, a leading real estate media firm, ranked Ivy as 14th of the Top 50 most influential persons in housing. In 2020, Ivy was included in Barron's Top 100 Women in U.S. Finance.
As one of the most powerful women on Wall Street, Ivy Zelman is a sought-after expert on the housing sector, and what the overall housing market means for investors, homebuilders, industry executives and the economy at large. She frequently appears on television shows such as CNBC, in major publications including The Wall Street Journal, and has acted as a key witness in a congressional hearing.
Jim Cramer, host of the CNBC’s show Mad Money, said “Ivy is the Ax of the homebuilders – the analyst who understands the group better than anyone else on Wall Street.”
Ivy’s speaking requests by conferences, board meetings, podcasts or special events have included: Bloomberg, CNBC, TD Ameritrade Network, Bloomberg’s Master’s in Business, International Builder Show, MBS Highway, National Association of Homebuilders, NFX, National Association of Realtors, National Organization of Investment Professionals, Mortgage Banking Association, Moody’s, AmeriCatalyst, PropTechCEO Summit, Reality Alliance. S
he received a Bachelor of Science from George Mason University and currently lives in Cleveland, Ohio with her husband David and their three children, Zoey, Zachary and Zia. Ivy is a special advisor to Laurel School, BBYO, NCJW Cleveland as well as mentors’ high school and college students.
Bruce Stachenfeld is one of the nation’s preeminent real estate attorneys. He is a founding partner of the Firm, the founder of the Firm’s high-profile Real Estate Practice Group, and he is also the Firm’s Chairman. He previously served as Managing Partner from the Firm’s inception until 2018. Mr. Stachenfeld is known to be one of the most “connected” real estate lawyers throughout the worldwide real estate community. Mr. Stachenfeld is also an industry thought leader in both the law firm and real estate worlds. This includes Opportunity Zones and our mission to "Help Our Clients Grow Their Businesses", which results in our being able to mix clients, friends of the firm and relationships together to create opportunity zone deals and relationships.
As a lawyer, Mr. Stachenfeld has over 30 years of real estate law experience encompassing tens of billions of dollars of real estate transactions of all kinds. As a real estate lawyer, Mr. Stachenfeld distinguishes himself by seeking out areas of real estate law that are more difficult and in which he and his team can provide particular value.
Michael Beckerman, Founder of The News Funnel and CEO of CREtech, joined us on the podcast to discuss how real estate is being reimagined through the adoption of the latest technology and innovation.
Michael serves as CEO of CRETech, the largest event, data and content platform in the commercial real estate tech sector. He also owns other successful brands such as The News Funnel, the largest commercial real estate news aggregator and The Content Funnel, a social media and blogging platform for the commercial real estate industry.
Paul joined MG Properties Group in 2010 and is responsible for the firm's acquisition, disposition, and capital markets activities. At MG, he has been involved with the purchase of approximately 18,000 units totaling $3 billion in total consideration.
Paul has 17 years of experience in real estate private equity investment, capital markets, and corporate M&A. Prior to joining MG, he held various roles in commercial real estate debt and equity acquisitions, development, and financing.
He has a background in corporate M&A and venture capital investing at Northrop Grumman (NOC). Paul holds a Bachelor of Science degree in Mechanical Engineering from the University of Notre Dame, and an MBA in Finance and Entrepreneurship from the UCLA Anderson School of Management.
Mark Raffman concentrates his practice on complex product liability and consumer products litigation and advice (including silica, building products, and wired technologies in the consumer products, real estate, and other industries). He advises on regulatory compliance audits and legislation, as well as transactions posing product liability and other risks associated with the merging of wired technology and the physical world and the Covid-19 pandemic. He has 30 years of experience defending complex litigation matters in state and federal courts nationwide, is a member of the Defense Research Institute, and has lectured and published on a broad range of topics including autonomous vehicles and smart cities.
Mr. Raffman has been recognized as a Client Service All-Star by BTI Consulting Group, based on interviews with general counsel at large and Fortune 100 companies. He has also been selected for inclusion in Chambers USA: America’s Leading Lawyers for Business and The Legal 500 U.S.
Ben Hittman is an associate in the firm’s Business Law Department and a member of its Real Estate Industry group. Mr. Hittman represents real estate investment funds, REITs, institutional investors, developers and other owners and operators of real estate in complex transactions involving commercial, industrial, office, hospitality and multifamily assets, including acquisitions and dispositions, joint ventures, development agreements, and financings. Prior to joining Goodwin in 2016, Mr. Hittman was an associate with Paul Hastings LLP in New York.
Mr. Hittman is also a member of Goodwin’s PropTech Initiative, which is focused on supporting the intersection of Real Estate and Technology through thoughtful collaboration across the two practice areas. As a key contributor to the group and Steering Committee, Mr. Hittman participates in key industry events and stays up to date on relevant market trends impacting the PropTech sector to effectively support clients involved in this space.
For over 40 years, Dr. Peter Linneman's unique blend of scholarly rigor and practical business insight has won him accolades from around the world, including PREA's prestigious Graaskamp Award for Real Estate Research, Wharton's Zell-Lurie Real Estate Center's Lifetime Achievement Award, Realty Stock Magazine's Special Achievement Award, being named "One of the 25 Most Influential People in Real Estate" by Realtor Magazine and inclusion in The New York Observer's "100 Most Powerful People in New York Real Estate".
After receiving both his Masters and Doctorate in Economics under the tutelage of Nobel Prize winners Milton Friedman, Gary Becker, George Stigler, Ted Schultz and Jim Heckman, Peter had a distinguished academic career at both The University of Chicago and the Wharton School of Business at the University of Pennsylvania. For 35 years, he was a leading member of Wharton's faculty, serving as the Albert Sussman Professor of Real Estate, Finance and Public Policy as well as the Founding Chairman of the Real Estate Department and Director of the prestigious Zell-Lurie Real Estate Center. During this time, he was co-editor of The Wharton Real Estate Review. In addition, he published over 100 scholarly articles, four editions of the acclaimed book Real Estate Finance and Investments: Risks and Opportunities, and the widely read Linneman Letter quarterly report.
Peter's long and ongoing business career is highlighted by his roles as Founding Principal of Linneman Associates, a leading real estate advisory firm; CEO of American Land Fund; and CEO of KL Realty. For more than 35 years, he has advised leading corporations and served on over 20 public and private boards, including serving as Chairman of Rockefeller Center Properties, where he led the successful restructuring and sale of Rockefeller Center in the mid-1990s.
Although retired from Wharton's faculty, Dr. Linneman continues his commitment to education through his Save A Mind, Give A Choice educational charity for orphans and children of extreme poverty in rural Kenya. He has been married for over 40 years and is an exercise enthusiast.
This roundtable discussion was hosted by Andy Sinclair, CEO at Midloch Investment Partners.
On the panel were:
Kevin Smith
Retired Managing Director, Head of the Americas
PGIM (Prudential)
Josh Krsnak
President & CEO
Hempel Companies
Adam Hooper
Co-Founder & CEO
RealCrowd
Daniel Crosby is the Chief Behavioral Officer at Brinker Capital. In this role, he is responsible for bringing behavioral tools, training, and technology to financial advisors to allow for the practical application of behavioral science. He is a psychologist and behavioral finance expert who applies his study of market psychology to everything from financial production design to advisor-client engagement. Daniel has more than 10 years of experience in the financial services industry and has published a number of bestselling books that serve as guides to building stronger advisor-client engagement with a focus on achieving better outcomes.
Educated at Brigham Young and Emory Universities, Dr. Daniel Crosby is a psychologist and behavioral finance expert who helps organizations understand the intersection of mind and markets. Dr. Crosby recently co-authored a New York Times Best-Selling book titled, Personal Benchmark: Integrating Behavioral Finance and Investment Management.
He also constructed the “Irrationality Index,” a sentiment measure that gauges greed and fear in the marketplace from month to month. His ideas have appeared in the Huffington Post and Risk Management Magazine, as well as his monthly columns for WealthManagement.com and Investment News. Daniel was named one of the “12 Thinkers to Watch” by Monster.com and a “Financial Blogger You Should Be Reading” by AARP. When he is not consulting around market psychology, Daniel enjoys independent films, fanatically following St. Louis Cardinals baseball, and spending time with his wife and two children.
Troy Merkel is a Partner at RSM.
Troy has 15 years of experience in audit and consulting, with a particular emphasis in real estate and financial services reporting, in accordance with US GAAP, IFRS, NCREIF PREA Reporting Standards and income tax basis. He is also an expert in accounting for asset acquisitions and complex leases and specializes in various tax-advantageous, in particular Opportunity Zones and government subsidized deal structures.
Troy’s financial services background involves audits of private equity funds, which hold equity or debt interests in a variety of industries including technology, consumer products, personal services, real estate and renewable resources. His expertise includes complex valuations, mezzanine and first lender analysis, as well as, the evaluation of options.
In 2018, Troy was selected as a senior analyst in RSM’s cutting edge Industry Eminence Program, which positions its senior analysts to understand, forecast and communicate economic, business and technology trends shaping the industries RSM serves. These senior analysts advise clients on conditions impacting middle market leaders. Troy’s focus is on the real estate industry.
David Pascale joined George Smith Partners more than two decades ago, leaving behind a successful career in intellectual property rights management. Now, as GSP’s most Senior Vice President/Deal Manager, Mr. Pascale has directly overseen the placement of nearly $4 billion capital into commercial real estate. He has an expertise in virtually every aspect of commercial real estate debt placement with distinct specializations in CMBS, bridge loans, credit tenant leases. He has worked extensively on retail, multifamily, hotel, office, and mixed use transactions. With a background in law, Mr. Pascale also brings loan document expertise and is able to explain and negotiate deal points and structure. He serves as an advisor to new company members.
In addition to his primary responsibility of client management, Mr. Pascale has been involved with the marketing of the firm in a number of different capacities and is primarily credited with transforming the firm’s highly regarded FINfacts newsletter from a quarterly to a weekly publication. Mr. Pascale now offers his expertise via a weekly column in FINfacts known as the hugely popular “Pascales Perspective.” This column provides readers detailed information on trends affecting the United States Real Estate Markets by combining national/international macro overviews with specific microeconomic events.
Carl Whitaker is Market Analytics Manager for RealPage, Inc., where he blends in his passions for geography and teaching to foster a practical, applied understanding of apartment data and analysis. He specializes in creating in-depth reports and presentations to allow for easier consumption and application of data and analysis.
Prior to joining RealPage, Carl was a Market Analyst for Axiometrics and an analyst for Catalyst Commercial, a Dallas-based economic development solutions firm.
Carl received a bachelor’s degree in secondary education and a master’s degree in applied geography from the University of North Texas.
4 Day Week Global is a not-for-profit community established by Andrew Barnes and Charlotte Lockhart to provide a platform for like-minded people who are interested in supporting the idea of the four-day week as a part of the future of work. This idea was born out of the waves of attention we received from around the world in reaction to our successful program launched at Perpetual Guardian in 2018.
We encourage business, employees, researchers, and government to all play their part in creating a new way of working which will improve business productivity, worker health outcomes, stronger families and communities, challenge the gender equality issue, and work towards a more sustainable work environment.
Learn more at https://4dayweek.com/
Jamie Woodwell is Vice President in the Research and Economics group at the Mortgage Bankers Association (MBA), where he oversees MBA's research and related activities covering the commercial and multifamily real estate markets.
Jamie and his work are regularly cited in the media, on Capitol Hill and in regulatory settings. He is a regular speaker at industry and corporate events; has appeared on CNBC, Bloomberg and in other popular and trade press; and testified before the Congressional Oversight Panel for TARP. Jamie initiated many of MBA's research activities, and created MBA's Peer Business Roundtables and the CREF Careers program.
Jamie joined MBA in 2004 from Fannie Mae, where he was responsible for multifamily data initiatives. He has also served as senior director of business development at CapitalThinking in New York, research director at the WMF Group in Virginia, and research manager at the National League of Cities in Washington, D.C.
Jamie is a member of the Urban Land Institute, the Counselors of Real Estate, the American Real Estate and Urban Economics Association and other professional and industry groups. Jamie received his bachelor's degree in economics and American studies from Brown University in Providence, Rhode Island. He earned his master's degree in urban and regional planning from the Graduate School of Public and International Affairs at the University of Pittsburgh.
Raymond Fang is a senior associate in Goodwin’s Real Estate Industry group. Mr. Fang is a
corporate/transactional lawyer with a focus on UK and Pan European real estate M&A, investments, and joint ventures, acting for international and domestic private equity, institutional, listed and private clients. Mr. Fang is experienced executing UK and cross-border private M&A transactions, from corporate structures owning a trophy single RE asset to large multi-jurisdiction portfolios, and including operational assets/businesses across the Real Estate spectrum.
Mr. Fang is a thought leader on the impact of disruptive convergence on the real estate industry, and is part of the Goodwin PropTech and Life Sciences Real Estate initiatives.
With the public markets in turmoil, the breadth of the outbreak unknown and information coming from all different angles, we wanted to take the opportunity to have a conversation about what the potential impacts of the COVID-19 virus might be on commercial real estate.
While the personal impacts of this outbreak hit close to home here in Portland, OR, we understand the uncertainty this is causing for investors generally, and more specifically as it relates to their portfolios and potential investments in direct real estate investments.
The safety of our community always comes first, and please find the links to the CDC and WHO’s most current updates on the outbreak. Basic hygiene seems to be the best preventative measure at this point, so wash those hands and practice vigilance if experiencing any symptoms.
In this episode, Mitch Roschelle, Partner at PwC, was kind enough to spend an hour with us this morning discussing the macro impacts, the recent market swings and a property category specific outlook for each of the major investment classes.
We discuss the Adjustment Process as outlined in this great article by Dr. Peter Sandman, what economic factors to watch as this continues to unfold, and Mitch’s outlook on each of the main asset categories of commercial real estate investments.
We are definitely in the very early stages of this outbreak here in the US, and it remains to be seen what the ultimate outcome may be. Mitch provides commentary on how the long term, contractual nature of real estate cash flow should help insulate it from the volatility we are currently seeing in the equity markets and how volatility often leads to a flight to safety and stability - something that direct investments in income producing real estate tends to provide over the long term compared to its more liquid counterparts.
As always, please let us know your thoughts on this issue and if there are any specific topics you would like us to cover. We understand this is a developing scenario, so please note this podcast was recorded on the morning of March 3, 2020 and as we learn new information, what was discussed may become subject to new information.
Stay safe out there and we hope this episode helps illuminate the state of the market as it relates to COVID-19’s impact on your real estate investments.
Less than an hour after we recorded this episode, it was announced that the Federal Reserve cut the target range for the Federal Funds Rate by 50bps as was discussed on the episode.
California native, Dave, credits his grandfather for his early interest in real estate—and has not forgotten his motto: operate with integrity. As Associate Vice President, Investments, for CIM Group in Los Angeles, David completed over $575 million in investments in apartments, condominiums, retail, commercial offices, and hotels, a role that demanded a balance of creativity and financial acumen. David graduated Cum Laude and Phi Beta Kappa with a B.A. in Economics from Northwestern University and received his MBA from the Haas School of Business at the University of California, Berkeley. In addition to his role at Calvera, he currently serves on the boards of The Contemporary Jewish Museum, the Jewish Federation of San Francisco, and is a member of the Advisory Council at ArtPoint at the Fine Arts Museums of San Francisco. He is an avid supporter of San Francisco sports teams and enjoys arts and cultural events, Top 40 music and a good party.
Brandon Hall, Founder of the Real Estate CPA joined us back for another round on the podcast to answer more of your top questions on Real Estate Tax, as well as discuss the tax climate going into 2020.
Brandon is the Founder/CEO of The Real Estate CPA. Brandon works with real estate investors, syndicates, and private equity funds to optimize tax positions and streamline accounting and business functions.
He believes that real estate investing is critical to building sustainable and generational wealth.
Brandon worked at PricewaterhouseCoopers and Ernst & Young prior to launching his own CPA firm, Hall CPA PLLC (The Real Estate CPA). Through the knowledge gain by working with real estate investors, Brandon invests in multi-family properties personally and through his capital group, Naked Capital.
Brandon is a Certified Public Accountant and national speaker. Brandon holds degrees in both Accounting and Finance from East Carolina University.
Mitch Roschelle is a accomplished thought leadership and marketing professional. With over three decades of consulting experience in real estate, corporate finance and capital markets, Mitch leads PwC's business development efforts across multiple sectors. He is a thought leader and frequent public speaker. As spokesperson on a wide array of topics, Mitch is a regular guest in the broadcast and print media. Additionally, he is the executive producer and co-host of PwC's weekly YouTube program known as 7DayYield.
You can follow Mitch on twitter at: @Mitch_Roschelle.
Jacquline Greene is the Director of Economics at ITR Economics.
Since 1948, ITR has provided business leaders with economic information, insight, analysis, and strategy.
ITR Economics is the oldest privately held, continuously operating economic research and consulting firm in the US.
With a knowledge base that spans six decades, we have an uncommon understanding of long-term economic trends as well as best practices ahead of changing market conditions. Our reputation is built on accurate, independent, and objective analysis.
Listen on the RealCrowd Blog
Mark is the CEO of MG Properties Group.
Since founding MG Properties in 1992, Mark has overseen the acquisition, development and management of 134 apartment communities totaling over 31,000 units with a value of $6.2 billion. Prior to MG Properties, Mark was a tax specialist with international accounting firms Ernst & Whinney and Touche Ross. He also worked in senior financial management positions with Hybritech Inc. and Solar Turbines Corp.
In 2018, Mark was awarded the 2018 Ernst and Young “Entrepreneur Of The Year® San Diego” award for the real estate and hospitality category. Aside from serving on the Burnham-Moores Center’s policy advisory board, he also serves on the UCSD real estate advisory board and the San Diego Economic Development Corporation strategic round table. He is a member of the UCSD Foundation board of trustees and the National Multi-Housing Council board of directors. Mark has a business degree from Drexel University and is a former certified public accountant.
Listen on the RealCrowd Blog
Mike Madsen, Economics Director at RealSource Equities, joined us to discuss his forecast on the 2020 real estate market.
Mike started with RealSource in 2005, participating in investor workshops around the nation with the National Association of Real Estate Investors, as well as analyzing multifamily properties and doing economic due diligence for RealSource. He has lead negotiations on over $200M in multifamily transactions in over 6 states. He specializes in macroeconomics, multifamily fundamentals, capital markets, real estate cycles, and applying econometrics to track data and trends for 225 MSA’s across the U.S. Mike is passionate about real estate investing and understanding what key indicators will drive local real estate cycles in the years ahead to help identify target markets for acquisitions.
He graduated from Westminster College in Salt Lake City and where he studied Economics and Business Administration. He previously attended University of Utah and is active in the local CCIM chapter. He holds a real estate license in Utah.
On this final recap of the CREtech Conference we were joined by:
Vanessa Anderson, VP of Operations, Truss
Jorge Aguilar, Founder & CEO, Trove
Brian Thompson, Co-Founder & CEO, CRE Simple
Anja Bump, Founder & CEO, Twofold
Brendan Wallace, Co-Founder & CEO, Fifth Wall
On this recap of the CREtech Conference we were joined by:
Piers MacNaughton, Director of Health Strategy, View
Clinton Robinson, CO-Founder & CEO, Lane
Ben Wright, Founder & CEO, Upsuite
David Wong, Co-Founder & CEO, Booqed
Maureen Waters, President, Ten-X
On this recap of the CREtech Conference we were joined by:
Karen Hollinger, Senior Vice President, AvalonBay
Kia Nejatian, Senior Ventures Associate, Real Estate & Construction, Plug and Play
MJ Cootsona, Co-Director, Real Estate & Construction, Plug and Play
Minta Kay, Partner, Chair, Real Estate Industry Group, Goodwin
Steve Weikal, Head of Industry Relations, MIT Center for Real Estate
On this episode we were joined by:
Tom Arnold, Co-Founder & CEO, Gridium
Taylor Odegard, Co-Founder & CEO, NavigatorCRE
Kevin Shtofman, Co-Founder & COO, NavigatorCRE
Dave Eisenberg, Founding Partner, Zigg Capital
On this episode we were joined by:
Michael Beckerman, CEO of CREtech
Gordon Smith and Patrick Frank of Biproxi
David Wind, Managing Member, DAW Partners
Anthony Alvernaz, Product Management, CRE Simple
Michael Rudin, Senior Vice President, Rudin Management Company
Pat Poling is the Founder and CEO at Mara Poling.
Mara Poling is a total return real estate investment firm dedicated to helping their Investor Clients Build Lasting Wealth. Headquartered in Dallas, Texas with offices in Northern California, Mara Poling’s principals bring over 60 years of commercial real estate experience to the multi family investment market. Experienced asset managers with a proven track record including acquisition and management of over $1B in assets, $1.5B in annual cash flow, and more than 10,000 acquisitions. Mara Poling has acquired 700+ units $40M in Multi Family assets in the last 15 months.
Mr. Pascale joined George Smith Partners more than two decades ago, leaving behind a successful career in intellectual property rights management. Now, as GSP’s most Senior Vice President/Deal Manager, Mr. Pascale has directly overseen the placement of nearly $4 billion capital into commercial real estate. He has an expertise in virtually every aspect of commercial real estate debt placement with distinct specializations in CMBS, bridge loans, credit tenant leases. He has worked extensively on retail, multifamily, hotel, office, and mixed use transactions. With a background in law, Mr. Pascale also brings loan document expertise and is able to explain and negotiate deal points and structure. He serves as an advisor to new company members.
In addition to his primary responsibility of client management, Mr. Pascale has been involved with the marketing of the firm in a number of different capacities and is primarily credited with transforming the firm’s highly regarded FINfacts newsletter from a quarterly to a weekly publication. Mr. Pascale now offers his expertise via a weekly column in FINfacts known as the hugely popular “Pascales Perspective.” This column provides readers detailed information on trends affecting the United States Real Estate Markets by combining national/international macro overviews with specific microeconomic events.
Mr. Pascale is an alumnus of the University of California Los Angeles.
Jamie Woodwell
Vice President, Research and Economics
Jamie Woodwell is Vice President in the Research and Economics group at the Mortgage Bankers Association (MBA), where he oversees MBA's research and related activities covering the commercial and multifamily real estate markets.
Jamie and his work are regularly cited in the media, on Capitol Hill and in regulatory settings. He is a regular speaker at industry and corporate events; has appeared on CNBC, Bloomberg and in other popular and trade press; and testified before the Congressional Oversight Panel for TARP. Jamie initiated many of MBA's research activities, and created MBA's Peer Business Roundtables and the CREF Careers program.
Mike Milano, CCIM, MAI, is a Managing Director and has been with Colliers for 20 years. Mike has sold retail properties throughout Florida, and is consistently a top producer having sold in excess of $2.0 billion since joining Colliers. Holding both a CCIM and MAI designation is a rare accomplishment and speaks to Mike’s skill as a professional. Mike oversees retail investment sales throughout Florida, providing acquisition and disposition services to institutional and private clients.
Mike specializes in the sale of credit anchored shopping centers, lifestyle centers, enclosed malls, freestanding, net-leased retail and redevelopment properties. Mike has formed strategic alliances with mortgage brokers and lenders active in today’s market. This helps provide clients with access to both debt and equity.
Mike also has extensive experience assisting private clients, lending institutions and special servicers with disposition and workout solutions for challenging assets as well as performing and non-performing debt.
Blake Liggio is a partner in Goodwin’s Real Estate Industry group. Mr. Liggio focuses on mergers and acquisitions, including the representation of acquirors, targets, boards of directors, transaction committees and investment banks. He also advises clients on a range of corporate matters, including fiduciary duties, corporate governance, federal securities law disclosure and compliance, and defensive measures.
Mr. Liggio is also involved in Goodwin’s PropTech Initiative focused on the intersection of Real Estate and Technology through thoughtful collaboration across the two practice areas and advises on relevant market trends impacting the PropTech sector.
Marcia Davies is Chief Operating Officer for the Mortgage Bankers Association (MBA). As COO, Marcia is responsible for ensuring cross-organizational alignment and facilitating the implementation of strategic initiatives, as well as maintaining oversight of key organizational priorities. She is also the lead strategist for MBA's external activities, providing leadership, guidance and overall management to the public affairs and marketing divisions. In addition, Marcia provides strategic direction and management of MBA's Conferences, Membership, Education, Information Technology and Office Services divisions. She also provides management oversight to and is a Board member of MBA's Opens Doors Foundation.
Previously, Marcia worked at the U.S. Department of Housing and Urban Development (HUD), as Senior Advisor to the Assistant Secretary for Housing and Federal Housing Commissioner. She directed HUD's industry relations program to strengthen relationships, garner support, streamline communications and resolve policy and regulatory issues. Before joining HUD, Marcia spent 21 years at Freddie Mac, where she held a variety of officer positions in communications, customer outreach, marketing, servicer relations and policy.
Marcia is the founder of mPower - MBA Promoting Opportunities for Women to Extend their Reach - MBA's networking platform for women in the real estate finance industry. Under her leadership, mPower has grown into an engaged community of more than 12,000, providing best-in-class conference and webinar programming, networking events, and online opportunities to stay engaged. Through mPower, more women are positioned to achieve leadership positions and are well represented in all segments of the industry.
Marcia is a member of the NAWRB Diversity and Inclusion Leadership Council (NDILC). She is also a member of Women in Housing Finance and the International Women's Leadership Association. Most recently, Marcia received the silver Stevie Awards for Women in Business 2018 Maverick of the Year. She has also the recipient of Five Star's Laurie A. Maggiano Legacy award, the NAWRB 2018 Industry Revolutionary Award, and the CIFS Diversity & Inclusion 2018 Trailblazer Award. In 2015, Marcia was honored by HousingWire as one of its 2015 Women of Influence.
Marcia is a graduate of the Katharine Gibbs School in Montclair, N.J.
Shahin Yazdi is a Principal/Managing Director of George Smith Partners. Since starting his career at GSP in 2007, Mr. Yazdi and his team have secured over $1 billion in financing for all asset types including Multifamily, Office, Industrial, Retail, Hospitality, Self-Storage facilities, Land, RV Parks, Assisted Living, Skilled Nursing facilities, and Student Housing projects.
Mr. Yazdi’s clients include private individuals, family offices and institutional investors. He is recognized for his expertise in underwriting and negotiating complex transactions, which include mezzanine financing or private equity for bridge, permanent, and construction loans. Mr. Yazdi has received awards for his debt/equity placements, spoken at large conferences, and has been interviewed on national media broadcasts.
In 2009, at the height of the recent economic down turn, Mr. Yazdi played an instrumental role in establishing George Smith Partners advisory services arm to assist borrowers and lenders with troubled loans and distressed assets. Prior to GSP, Mr. Yazdi worked at a major commercial bank, which gave him in depth knowledge and understanding regarding the intricacies of the banking system.
Mr. Yazdi is an active member of the Jewish Federation Real Estate & Construction Division, ULI, ICSC, PREA, NAIOP, and CoreNet Global.
Mr. Yazdi possesses a Bachelor of Arts Degree from the University of California, Santa Barbara. He is an active Real Estate Investor, enjoys playing basketball, rooting on the LA Lakers, traveling domestically and abroad and most importantly spending time with his wife and family.
As Chief Executive Officer of Zelman & Associates, Ivy Zelman, holds roughly 27 years of experience
covering housing and housing-related industries. Founded in October 2007, Zelman & Associates
provides analyses across all aspects of the housing spectrum. Ivy’s concept for the firm remains
strongly rooted in the ability to perform thematic research overlaid with proprietary surveys to produce
unparalleled differentiated value-added research.
Ivy continues to be frequently quoted in The Wall Street Journal and appears occasionally as a guest
on CNBC. For the past 22 years, Institutional Investor has recognized Ivy as one of the most
preeminent figures within the housing industry. Most notably, Institutional Investors - America
Research Team rankings placed Ivy and her team with eleven 1st place rankings (1999 – 2004, 2006 –
2007 and 2010 – 2013). Ivy achieved this record over the years, most notably when she called the top
of the housing market in 2005. In addition, she reinforced her dominant reputation in the industry by
calling the bottom of the housing market in January 2012.
Ivy received a Bachelor of Science from George Mason University and currently lives in Cleveland,
Ohio with her husband David and their three children, Zoey, Zachary and Zia.
Welcome to the second episode of the Goodwin Proptech Series, where Blake Liggio discusses the rise of tech-experience in the C-suites and boardrooms of real estate firms.
WHAT YOU NEED TO KNOW
The intersection between Real Estate and Technology is ever evolving, presenting challenges and opportunities to companies, their investors, and consumers. Technology underpins the real estate space in all its forms: from artificial intelligence to smart cities, the adaptation of existing buildings into Tech hubs, the rise in financial modelling, the emergence of cryptocurrencies and economies shared. Steady digital and technology disruption is impacting companies across industries and driving M&A as companies face the need for growth to sustain competitiveness.
This week, we sat down with Brian Neltner and Reynolds Thompson of Select Strategies Realty to discuss the current retail climate, where retail is in the cycle, and why retail doesn't deserve all the negative headlines.
Brian Neltner is the CEO at Select Strategies and is responsible for the overall direction and management of the company.Prior to joining Select Strategies he managed all retail real estate activities for Colonial Properties Trust as their Senior Vice President of Real Estate. Brian’s position involved the direct oversight of all operational functions including leasing, management, construction, development and redevelopment of a portfolio of enclosed malls and open air shopping centers. Previously, Brian was responsible for all real estate development, management, leasing and construction activities for over 125 open air shopping centers for Kimco Realty Corporation as their Vice President of Real Estate. He played a significant role in the repositioning of many assets in various portfolio acquisitions creating significant value and directly contributing to success of the ventures.
Reynolds Thompson is the Chief Investment Officer at Select Strategies and is responsible for the company’s investment activities and investment management services.Prior to joining Select, Reynolds was President and Chief Financial Officer of Colonial Properties Trust, a $4 billion publicly traded REIT with a portfolio of multifamily, office, retail and mixed-use assets. During a 16-year career with Colonial, he also served as CEO, COO and CIO. He has extensive public company management, operating and investment experience having raised $950 million in equity, $2.5 billion in debt and completed acquisitions totaling $4.1 billion, developments totaling $1.5 billion, dispositions totaling $5 billion and joint ventures totaling $3.5 billion. Reynolds also has expertise in strategic planning, investment analysis, capital markets, financial reporting, regulatory compliance and investor relations.Reynolds currently serves on the Board of Directors for Medical Properties Trust, a $7 billion publicly traded REIT.
Mr. Van Keuren currently works for a Family Office who has over 30 years of experience in contrarian and distressed real estate investing producing a gross IRR of 32% on over 200 deals since 1998. Individually, Mr. Van Keuren has over 25 years’ experience in finance, investment banking, and real estate. Among DJ’s experience includes; Raising and securing over $350MM in capital from Institutional Investors, Private Equity Funds, Family Offices, and Direct Capital Sources. Mr. Van Keuren has been a Director of capital markets (equity & debt) for both a domestic and international real estate development company with a focus on luxury condominiums, luxury multifamily apartments, active adult communities & hotels. Additional experience includes acting Director at a boutique investment banking firm where he focused on real estate and energy, COO for ONYX Capital, an alternative asset, real estate due diligence and capital markets group and Managing Director for the Horison Management Group where he acted as the Fund Manager for the American Dream Real Estate Fund.
Mr. Van Keuren is a member of the Harvard Alumni Association, past President and Board Member for the Harvard Real Estate Alumni Organization (HREAO) and a Board Member for the Alumni Advisory Board at the Real Estate Academic Initiative at Harvard (REAI). Mr. Van Keuren is also the founder of www.usfamilyofficerealestate.com. DJ received his B.A. from Ball State University, attended graduate studies in Real Estate from the NYU Schack Real Estate Institute, and received his Masters Degree from Harvard University in Management and Finance.
Welcome to the kickoff episode of the Goodwin Proptech Series, where Minta Kay & Salil Gandhi discuss how the coming technology wave will impact real estate.
WHAT YOU NEED TO KNOW
The intersection between Real Estate and Technology is ever evolving, presenting challenges and opportunities to companies, their investors, and consumers. Technology underpins the real estate space in all its forms: from artificial intelligence to smart cities, the adaptation of existing buildings into Tech hubs, the rise in financial modelling, the emergence of cryptocurrencies and economies shared. Steady digital and technology disruption is impacting companies across industries and driving M&A as companies face the need for growth to sustain competitiveness.
We sat down with Jamie Woodwell of MBA to discuss their most recent research on how lenders view the current market.
Jamie Woodwell is Vice President in the Research and Economics group at the Mortgage Bankers Association (MBA), where he oversees MBA's research and related activities covering the commercial and multifamily real estate markets.
Jamie and his work are regularly cited in the media, on Capitol Hill and in regulatory settings. He is a regular speaker at industry and corporate events; has appeared on CNBC, Bloomberg and in other popular and trade press; and testified before the Congressional Oversight Panel for TARP. Jamie initiated many of MBA's research activities, and created MBA's Peer Business Roundtables and the CREF Careers program.
Jamie joined MBA in 2004 from Fannie Mae, where he was responsible for multifamily data initiatives. He has also served as senior director of business development at CapitalThinking in New York, research director at the WMF Group in Virginia, and research manager at the National League of Cities in Washington, D.C.
Jamie is a member of the Urban Land Institute, the Counselors of Real Estate, the American Real Estate and Urban Economics Association and other professional and industry groups.
Jamie received his bachelor's degree in economics and American studies from Brown University in Providence, Rhode Island. He earned his master's degree in urban and regional planning from the Graduate School of Public and International Affairs at the University of Pittsburgh.
Andrew Modrall is Chief Financial Officer and a founding partner, Mr. Modrall, directs the financial strategies of the organization and oversees the day to day asset management of client portfolios. In addition Mr. Modrall provides financial analysis with regard to the positioning and disposition of client assets.
Mr. Modrall is a retail real estate accounting and asset management executive with over 25 years of experience working with a wide range of retail assets. Prior to joining Select Strategies, Mr. Modrall held the position of CFO for North American Properties, a privately-held, multi-regional real estate operating company that has acquired, developed and managed more than $4 billion of retail, multifamily, mixed-use and office properties across the United States. During his 14 year tenure as CFO he oversaw all accounting functions, systems implementation and selection as well as tax and financing management. While Mr.Modrall has in-depth experience in accounting for a wide range of real estate assets, the majority of his experience encompasses his work with super regional centers, lifestyle centers and power centers.
Mr. Modrall began his career as a CPA with Deloitte. Mr. Modrall holds a Master of Business Administration in Accounting & Finance from Tulane University and a Bachelor in Economics from Earlham College. Mr. Modrall became a CPA in 1977.
David Bodamer is Executive Director of Content & User Engagement for Waste360 and NREI. Bodamer joined Waste360 in January 2014. He has been with NREI since September 2011 and has been covering the commercial real estate sector since 1999 for Retail Traffic, Commercial Property News and Shopping Centers Today. He also previously worked for Civil Engineering magazine. His writings on real estate have also appeared in REP.and the Wall Street Journal’s online real estate news site. He has won multiple awards from the National Association of Real Estate Editors and is a past finalist for a Jesse H. Neal Award.
Brandon is the Founder/CEO of The Real Estate CPA. Brandon works with real estate investors, syndicates, and private equity funds to optimize tax positions and streamline accounting and business functions.
He believes that real estate investing is critical to building sustainable and generational wealth.
Brandon worked at PricewaterhouseCoopers and Ernst & Young prior to launching his own CPA firm, Hall CPA PLLC (The Real Estate CPA). Through the knowledge gain by working with real estate investors, Brandon invests in multi-family properties personally and through his capital group, Naked Capital.
Brandon is a Certified Public Accountant and national speaker. Brandon holds degrees in both Accounting and Finance from East Carolina University.
With 35 years of real estate industry experience, including 26 years of research, Glenn Mueller is a professor for the Burns School of Real Estate and Construction Management at Denver University, one of the oldest and largest programs in the country.
Mueller’s research experience includes real estate market-cycle analysis, real estate securities analysis, real estate capital markets, portfolio and diversification analysis, seniors housing analysis and both public and private market-investment strategies. He is also the real estate investment strategist at Dividend Capital Group, where he provides real estate market-cycle research and investment strategy for Dividend Capital’s Real Estate Securities, Private Real Estate Investment, Private REIT and Real Estate Debt groups. He is also the co-editor of the Journal of Real Estate Portfolio Management.
Joseph C. Anfuso, Chief Financial Officer
Joe is responsible for directing the financial and fiscal management of company Operations, including budgeting, treasury, tax, accounting, information technology, risk management and insurance. Prior to joining MG, Joe was the CFO and Director of Development with ColRich, a diversified privately held Real Estate company, specializing in Apartment investment, ownership, construction and management (9,400 units), land development and home building in the Western U.S. Joe’s real estate experience also includes being the COO/CFO of Florsheim Homes, a Northern California based homebuilder/developer, with operations in CA and NV, from 2006 - 2011.
Joe was also the CFO for Shea Homes San Diego from 2001-2006 and worked for the international firm Deloitte & Touche. Joe earned his BBA in Accounting and MBA from the University of San Diego. Joe is a Certified Public Accountant, in addition to possessing a California Real Estate Brokers and General Contractors License. Recognized as an industry expert, Joe has had numerous appearances on CNBC television, discussing the housing and real estate markets.
Jamie Woodwell is Vice President in the Research and Economics group at the Mortgage Bankers Association (MBA), where he oversees MBA's research on the commercial and multifamily real estate markets. Jamie's work covers the macro-economy, commercial and multifamily property markets, real estate finance, servicing, mortgage banking benchmarking and more.
Jamie is an expert on the commercial real estate finance markets and he and his work are regularly cited in the media, on Capitol Hill and in regulatory settings. He is a regular speaker at industry and corporate events; has appeared on CNBC, Bloomberg and in other popular and trade press; and testified before the Congressional Oversight Panel for TARP.
Jamie also oversees MBA's commercial peer business roundtables including CFOs, CTOs, HR and marketing heads, and leads special MBA projects, including its CREF Careers, Council to Shape Change and the Council on Ensuring Mortgage Liquidity.
Jamie joined MBA in 2004 from Fannie Mae's multifamily group, where he was responsible for multifamily data initiatives. He has also served as senior director of business development at CapitalThinking in New York, research director at the WMF Group in Virginia, and research manager at the National League of Cities in Washington, D.C.
Jamie is a member of the Urban Land Institute, American Real Estate and Urban Economics Association, the Housing Statistics Users Group and the Real Estate Associations Research Directors. He is the past president of the ELH Management Corp. which oversees the financing of charter school buildings in Washington DC.
David Moore is chief executive officer of Equity Advantage, Incorporated, a nationally recognized leader in 1031 Exchange facilitation. David founded Equity Advantage with his brother Tom in 1991 after a successful career in real estate investment. Since then, Equity Advantage has developed an outstanding reputation for partnering with their investment clients to develop unique strategies for the 1031 Exchange, reducing their clients’ tax risks and increasing the value of their property portfolios.
David is a recognized 1031 Exchange expert, and is regularly invited to share his knowledge with realtors, investors, attorneys and property owners through seminars and classes. He is a power sponsor of the Certified Commercial Investment Members (CCIM) and is a former board member of the Federation of Exchange Accommodators (FEA). David played an instrumental role in the FEA’s expansion throughout the Pacific Northwest and served as chairman of the FEA Ethics Committee. He is active in Rotary Club and serves on the boards of several charity organizations.
ABOUT TROY
In January 2018, Troy was selected as a senior analyst in RSM’s cutting edge Industry Eminence Program, which positions its senior analysts to understand, forecast and communicate economic, business and technology trends shaping the industries RSM serves. These senior analysts advise clients on conditions impacting middle market leaders. Troy’s focus is on the real estate industry.
Summary of experience
Troy has 15 years of experience in audit and consulting, with a particular emphasis in real estate and financial services reporting, in accordance with US GAAP, IFRS, NCREIF PREA Reporting Standards and income tax basis. Troy also advises his clients on technology solutions tailored for the real estate industry.
He provides audit and consulting services to development, operating and investment real estate entities featuring all asset classes and types, from initial ground-up construction through disposition. He has extensive real estate valuation experience. He is also an expert in accounting for asset acquisitions and complex leases. In addition, he specializes in various tax-advantageous and government subsidized deal structures.
Troy’s financial services background involves audits of private equity funds, which hold equity or debt interests in a variety of industries including technology, consumer products, personal services, real estate and renewable resources. His expertise includes complex valuations, mezzanine and first lender analysis, as well as, the evaluation of options.
Professional affiliations and credentials
Certified Public Accountant, Massachusetts
American Institute of Certified Public Accountants
Massachusetts Society of Certified Public Accountants
NAIOP Commercial Real Estate Development Association
Education
Bachelor of Science, accounting, University of Massachusetts Amherst
Master of Science, accounting, Northeastern University
Paul Kaseburg joined MG Properties Group in 2010 and is responsible for the firm’s acquisition, disposition, and capital markets activities. At MG, he has been involved with the purchase of approximately 12,000 units totaling $1.7 billion in total consideration. Paul has 17 years of experience in real estate private equity investment, capital markets, and corporate M&A. Prior to joining MG, he held various roles in commercial real estate debt and equity acquisitions, development, and financing. He has a background in corporate M&A and venture capital investing at Northrop Grumman (NOC). Paul holds a Bachelor of Science degree in Mechanical Engineering from the University of Notre Dame, and an MBA in Finance and Entrepreneurship from the UCLA Anderson School of Management.
Jim Dahle is the creator of White Coat Investor, a website dedicated to helping high income earners develop personal finance fundamentals. On this episode you'll learn about Jim's mistakes and triumphs as he shares is personal journey into learning personal finance.
Mitch Roschelle is a accomplished thought leadership and marketing professional. With over three decades of consulting experience in real estate, corporate finance and capital markets, Mitch leads PwC's business development efforts across multiple sectors. He is a thought leader and frequent public speaker. As spokesperson on a wide array of topics, Mitch is a regular guest in the broadcast and print media. Additionally, he is the executive producer and co-host of PwC's weekly YouTube program known as 7DayYield.
Michael Beckerman is a leader in the commercial real estate tech sector. He entered the sector in 2012 after a 25-year career in commercial real estate public relations, in which he started and built Beckerman Public Relations into one of the largest firms in the country before eventually selling the agency.
Michael now serves as CEO of CRETech, the largest event, data and content platform in the commercial real estate tech sector. He also owns other successful brands such as The News Funnel, the largest commercial real estate news aggregator and The Content Funnel, a social media and blogging platform for the commercial real estate industry.
Michael blogs at www.cretech.com/michael-beckerman/ and is active on the commercial real estate tech speaking circuit.
Daniel is the lead analyst for Green Street's office team and has been with the firm for two years.
His research contributions include initiating coverage of JBG Smith (the spinoff of Vornado’s D.C. assets), deep dives into West Coast office market health, and extensive work on Gateway vs. Non-Gateway markets and office leasing economics. Daniel started his career with Green Street as a research intern during graduate school.
He has a strong background in fundamental research, asset allocation, commercial real estate, and investment manager due diligence. Prior to joining Green Street in 2016, Daniel was an investment analyst for four years at the Automobile Club of Southern California, where he covered equity and fixed income investments for insurance, pension, and corporate portfolios.
Daniel earned an MBA from the Anderson School of Management at the University of California, Los Angeles. He graduated with a Bachelor of Arts in Business Administration and a concentration in Accounting and Finance from California State University, Fullerton. Daniel is a CFA Charterholder.
David Pascale joined George Smith Partners more than two decades ago, leaving behind a successful career in intellectual property rights management. Now, as GSP’s most Senior Vice President/Deal Manager, Mr. Pascale has directly overseen the placement of nearly $4 billion capital into commercial real estate. He has an expertise in virtually every aspect of commercial real estate debt placement with distinct specializations in CMBS, bridge loans, credit tenant leases. He has worked extensively on retail, multifamily, hotel, office, and mixed use transactions. With a background in law, Mr. Pascale also brings loan document expertise and is able to explain and negotiate deal points and structure. He serves as an advisor to new company members.
In addition to his primary responsibility of client management, Mr. Pascale has been involved with the marketing of the firm in a number of different capacities and is primarily credited with transforming the firm’s highly regarded FINfacts newsletter from a quarterly to a weekly publication. Mr. Pascale now offers his expertise via a weekly column in FINfacts known as the hugely popular “Pascales Perspective.” This column provides readers detailed information on trends affecting the United States Real Estate Markets by combining national/international macro overviews with specific microeconomic events.
Mr. Pascale is an alumnus of the University of California Los Angeles.
Mat is a partner at KKOS Lawyers, and serves clients nationwide from its Phoenix, AZ office. Mat’s practice areas include self-directed IRA law, business entity formation, tax law, real estate, and securities law.
Mat is the best-selling author of the First and Second Editions of The Self Directed IRA Handbook: An Authoritative Guide for Self-Directed Retirement Plan Investors and Their Advisors. The Self Directed IRA Handbook, Second Edition was released in May 2018 and First Edition was the #1 Hot New Release on Amazon/Kindle in January 2014 in the retirement planning category, and #3 overall Best Seller in January 2014 in the same category. It has sold 20,000 copies and is the most widely used book in the SDIRA industry.
Mat’s practice has a particular emphasis on self-directed retirement plan law. Mat has assisted over 1,000 clients with self-directed retirement plan investments and has established IRA/LLCs, partnerships, private offerings, corporations, and other investment structures with self-directed IRAs and 401(k)s. Most of Mat's clients are self-directed retirement account owners structuring investments in real estate, into IRA/LLCs, or into private companies. Mat's clients also include trust companies, financial institutions, insurance companies, hedge funds, and third party administrators. In addition to his legal practice, Mat also serves as an instructor for the Retirement Industry Trust Association's (RITA) Self Directed IRA Professional certification program. RITA is the premier national association representing the self-directed retirement plan industry.
Mat regularly consults self-directed retirement account owners on IRC 4975 and the prohibited transaction rules applicable to self-directed retirement account investments, on UBTI and UDFI taxes, and has successfully represented SDIRA owners before the IRS Appeals Office and the U.S. Tax Court.
Visit https://www.sdirahandbook.com to learn more.
Brendan Wallace is a Co-founder and Managing Partner at Fifth Wall.
Brendan was Co-founder & CEO of Identified, a data & analytics company focused on workforce optimization that raised $33 million of venture capital and was acquired by Workday (WDAY) in 2014. Brendan co-founded Cabify, the largest ridesharing service in Latin America. Brendan has been an active angel investor and manages one of the largest syndicates on AngelList, having led over 60 angel investments including Bonobos, Dollar Shave Club, Lyft, SpaceX, Clutter, Philz Coffee and Zenefits.
Brendan started his career at Goldman Sachs in investment banking in the real estate, hospitality, and gaming group where he worked on $22 billion in M&A Advisory work. Brendan also worked at Goldman Sachs’ CMBS and structured finance group where he worked on over $10 billion in commercial real estate debt originations and securitizations. He then worked at The Blackstone Group in real estate private equity where he worked on the $26 billion acquisition of Hilton Hotels and the $39 billion buyout of Equity Office Properties, the 3rd largest leveraged buyout in history.
Brendan is from New York, NY, and graduated from Princeton University where he received his BA in political science and economics. Brendan received his MBA from the Stanford Graduate School of Business.
Derek Uldricks is President at Virtua Capital Management.
Derek is an experienced real estate private equity executive overseeing capital formation, investment selection and securities compliance for the investment funds sponsored by Virtua Partners.
Experience includes managing several commercial real estate investment funds covering a range of investment strategies: credit, land banking, vertical development, value-add, opportunistic, and aggressive growth.
Mitch focuses on sourcing prospective transactions, developing financial structures and business and financial strategies. Prior to co-founding Pathfinder, he founded and served as CEO of several companies and was a partner in LENSER, a national management consulting firm.
Earlier in his career Mitch was a partner in Sorrento Associates, an investment banking firm, where he advised clients on more than 40 financings, mergers, acquisitions and financial restructurings involving both private and public companies and sorrento Ventures, a private equity firm, where he invested in scores of private financing exceeding one-half billion dollars.
Amobi Okugo is a professional soccer player, a student who completed his undergraduate degree while playing and plans to pursue a graduate degree, the founder of the financial-literacy company A Frugal Athlete.
He was drafted after his freshman year at UCLA into Major League Soccer as part of the 2010 Generation Adidas Class. He has amassed over 150 appearances in all competitions professionally and has been honored to represent the United States national team program at various youth levels including the 2012 Olympic squad.
Amobi Okugo was born in Hayward, California, to Nigerian immigrants and is the oldest of four siblings. He recently received his Bachelor's Degree in Organizational Leadership and Development with a minor in Business Administration, to be followed by graduate school.
Other interests besides sports include business, entrepreneurship and marketing. Post-playing, it’s his ultimate goal to start his own management consulting firm with an emphasis on sports in his next chapter, and help educate and guide the next generation of athletes.
Jeffrey Adler is Vice President, Yardi® Matrix, which offers the industry’s most comprehensive market intelligence service for multifamily, office, self storage and vacant land properties. Adler also is the publisher of industry market intelligence and content providers Multi-Housing News and Commercial Property Executive.
Yardi Matrix is a U.S. multifamily asset decision support toolset for originating and underwriting investment transactions. Matrix also provides market and institutional research leveraging underlying property-level detail of 131 U.S. markets, 85,916 properties and more than 16.1 million units.
Link: Jeff Adler - Emerging Multifamily Real Estate Markets
What key factors should you look for when entering a new market? Brian Watson, CEO at Northstar Commercial Partners, joined us on the podcast to share what he looks for in a new market before making an acquisition.
In This Episode You’ll Learn
– Why Brian prefers a market that moves up and down over a flat market
– How to identify potential acquisitions in a market
– Why you need to have a plan for the exit before you make the purchase
– How to build a company culture dedicated to service
Want to learn the fundamentals of commercial real estate investing? Be sure to enroll into RealCrowd University, our free six week course designed to teach you the important fundamentals behind commercial real estate investing.
Click here to enroll.
Interested in what is currently happening with multifamily in Los Angeles, San Francisco, Portland and Seattle? Then this episode is for you.
Max Sharkansky, Co-Founder & Managing Partner of Trion Properties, joined us in-studio to provide an in-depth look at multifamily on the West Coast.
In this episode you will learn:
– What is currently happening in the West Coast market
– Why Max’s hold period strategy has changed given current market conditions
– What markets to keep an eye on for future opportunity
Want to learn the fundamentals of commercial real estate investing? Be sure to enroll into RealCrowd University, our free six week course designed to teach you the important fundamentals behind commercial real estate investing.
Click here to enroll.
What should you look for in a property when you are looking to make an acquisition? What is the process during the hold? What happen's when the property sells and you exit?
In this episode, Tim Wallen, CEO at MLG Capital, will take you on a detailed journey through a real deal to teach you what happens during each step of the property cycle.
If you're brand new to commercial real estate this episode will teach you exactly what to expect when investing. For seasoned investors, be sure to listen out for Tim's secrets on how to extract as much value as possible out of a property.
Want to learn the fundamentals of commercial real estate investing? Be sure to enroll into RealCrowd University, our free six week course designed to teach you the important fundamentals behind commercial real estate investing.
Click here to enroll.
How important are relationships to your investment success? To Kelvin Beachum, the starting offensive tackle for the New York Jets, it was all he needed to break into the tech space and become an angel investor to some of today’s most innovative startups.
It all started when Kelvin’s friend and AT&T Communications CEO John Donovan advised him against getting an MBA and focus instead on a different path to business knowledge. This would lead Kelvin to Silicon Valley, where he would forge relationships that would lead to unexpected opportunities.
You won’t want to miss Kelvin’s stories about breaking into the tech space, finding great mentors, and what he considers the most important quality investors need to succeed.
Want to learn the fundamentals of commercial real estate investing? Be sure to enroll into RealCrowd University, our free six week course designed to teach you the important fundamentals behind commercial real estate investing.
Click here to enroll.
Paul Kaseburg came back on the podcast to discuss 12 ways to unnecessarily add risk to deals.
In this episode, Paul also went into detail on the latest report from the National Multifamily Housing Council(NMHC): "Explaining the Puzzle of High Apartment Returns".
Paul joined MG Properties Group in 2010 and is responsible for the firm’s acquisition, disposition, and capital markets activities. At MG, he has been involved with the purchase of approximately 12,000 units totaling $1.7 billion in total consideration. Paul has 17 years of experience in real estate private equity investment, capital markets, and corporate M&A.
Prior to joining MG, he held various roles in commercial real estate debt and equity acquisitions, development, and financing. He has a background in corporate M&A and venture capital investing at Northrop Grumman (NOC). Paul holds a Bachelor of Science degree in Mechanical Engineering from the University of Notre Dame, and an MBA in Finance and Entrepreneurship from the UCLA Anderson School of Management.
Paul is also the author of the book: Investing in Real Estate Private Equity: An Insiders Guide to Real Estate Partnerships, Funds, Joint Ventures & Crowdfunding.
If you like this post, be sure to enroll in our free six week course on the fundamentals of commercial real estate investing — Enroll Now.
Alisha Hill Koontz, Executive Vice President at A10 Capital, joined us on the podcast to discuss real estate through the eyes of a balance sheet lender.
Alisha Hill Koontz is responsible for originating commercial real estate loans. Additionally, she specializes in financing assets purchased through on-line auction platforms.
Alisha has over 10 years of experience in finance and lending. Prior to joining A10 Capital, Alisha was an institutional advisor for Clearwater Advisors, developing new business for their fixed income, corporate cash asset management group, as well as Clearwater Analytics SAAS solutions. Earlier in her career, she provided wealth management solutions and originated commercial and residential loans for The Private Bank at Wells Fargo. She offered specialized resort lending, equities, fixed income, and insurance solutions to her clients.
If you like this post, be sure to enroll in our free six week course on the fundamentals of commercial real estate investing — Enroll Now.
Broke with nothing but a duffel bag, Justin Palmer moved to New York and now 12 years later he has acquired $184 million worth of real estate in both New York and San Francisco. In this episode, learn about Justin's amazing story and his thoughts on the markets of both New York and San Francisco.
As Founder and CEO of Synapse Development Group, Justin directs the continued growth and vision of the company, while overseeing all aspects of Synapse’s real estate investments.
Prior to co-founding Synapse, Justin served as Assistant Vice President at Lehman Brothers, where he oversaw the work-out and repositioning of a 1,300-unit multi-family portfolio in New York City, as well as the foreclosure and restructuring of a large mixed-use development portfolio totaling 1.4 million square feet of development rights located in New York and Washington, D.C. At Lehman, Justin completed more than $75 million in construction projects, primarily in New York City. Justin began his career in real estate at Clarion Partners (formally ING Clarion), a global real estate investment management firm with $36 billion in assets under management. While at Clarion, Justin served as a Portfolio Analyst and was a member of the Lion Value Fund portfolio management team.
Justin earned a Bachelor of Arts degree in history and macroeconomics with honors from the Weissman School of Arts and Sciences at Bernard Baruch College (CUNY).
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Mike Madsen, of RealSource Equities, joined us to discuss current market fundamentals.
Mike is a Client Services representative since 2005, has participated in workshops around the nation in the National Association of Real Estate Investors, as well as analyzing multi-family properties and doing market due diligence for RealSource.
If you like this post, be sure to enroll in our free six week course on the fundamentals of commercial real estate investing — Enroll Now.
Jim leads the US Real Estate & Construction (RE&C) sector for Deloitte. Prior to assuming the US RE&C sector leader role, he served as the head of Deloitte's Audit practice for the RE&C sector. During his more than 30 years of experience, Jim has worked with public and private companies across many segments of the RE&C sector including REITs, construction, and private equity companies. Jim has extensive experience in initial public offerings, private placements, and SEC filings, as well as advising clients in all aspects of mergers, acquisitions, divestitures, and due diligence activities.
Jim is a frequent speaker and instructor on industry and other technical subject matters at the national level with Deloitte. Living in Dallas, Jim has been heavily engaged in several real estate and community organizations including The Real Estate Council and United Way of Metropolitan Dallas.
If you like this post, be sure to enroll in our free six week course on the fundamentals of commercial real estate investing — Enroll Now.
Pat Poling, Founder and CEO of Mara Poling, joined us to discuss how to Buy Right, how to Invest Right, and how how to Exit Right.
Mara Poling is a total return real estate investment firm dedicated to helping their Investor Clients Build Lasting Wealth. Headquartered in Dallas, Texas with offices in Northern California, Mara Poling’s principals bring over 60 years of commercial real estate experience to the multi family investment market. Experienced asset managers with a proven track record including acquisition and management of over $1B in assets, $1.5B in annual cash flow, and more than 10,000 acquisitions. Mara Poling has acquired 700+ units $40M in Multi Family assets in the last 15 months.
*If you like this post, be sure to enroll in our free six week course on the fundamentals of commercial real estate investing — Enroll Now.
Mitch Roschelle, a regular on Fox Business and Bloomberg TV, joins us for a two-part series to discuss how the new tax bill will impact commercial real estate.
Mitch is a Partner at PwC, and currently serves as one of the firm’s Business Development Leaders. He was a founder of PwC’s Real Estate Advisory practice, and has over 30 years of experience serving a wide array of real estate investors, foreign and domestic. Mitch is a widely-recognized commentator on real estate, housing, business trends, capital markets, the retail industry and the economy. He is a frequent public speaker, and a regular guest and panel member on Fox Business Network, and Bloomberg TV and Radio. Mitch is the creator and co-host of 7DayYield a PwC-sponsored, weekly YouTube program covering trends in the financial services industry. He is the co-publisher of Emerging Trends in Real Estate, a widely-circualted global annual market forecast.
An active proponent of corporate social responsibility, Mitch serves as a trustee of the PwC Charitable Foundation, where he leads its grant-making efforts in youth education and financial literacy. Additionally, Mitch is a member of the Board of Directors of PENCIL.
He resides in Armonk, New York, with his wife Debbie and their teenage twin boys, and their golden retriever Charlie.
If you like this post, be sure to enroll in our free six week course on the fundamentals of commercial real estate investing — Enroll Now.
Follow Mitch on Twitter: @Mitch_Roschelle
Mitch is a Partner at PwC, and currently serves as one of the firm’s Business Development Leaders. He was a founder of PwC’s Real Estate Advisory practice, and has over 30 years of experience serving a wide array of real estate investors, foreign and domestic. Mitch leads of the firm’s real estate research efforts, and is a widely-recognized commentator on real estate, housing, business trends, capital markets, the retail industry and the economy. He is a frequent public speaker, and a regular guest and panel member on Fox Business Network, and Bloomberg TV and Radio. Mitch is the creator and co-host anchor of 7DayYield a PwC-sponsored, weekly YouTube program covering trends in the financial services industry. He is the co-publisher of Emerging Trends in Real Estate, a widely-circualted global annual market forecast.
An active proponent of corporate social responsibility, Mitch serves as a trustee of the PwC Charitable Foundation, where he leads its grant-making efforts in youth education and financial literacy. Additionally, Mitch is a member of the Board of Directors of PENCIL.
In the Best of Season One, listeners will be taken on a journey from surveying the market to conducting due diligence on the sponsor and the real estate. The Best of Season One features the likes of Mike Madsen, Paul Kaseburg, Mark Roderick, Michael Episcope, and more...
If you like this post, be sure to enroll in our free six week course on the fundamentals of commercial real estate investing — Enroll Now.
Paul joined MG Properties Group in 2010 and is responsible for the firm's acquisition, disposition, and capital markets activities. At MG, he has been involved with the purchase of approximately 12,000 units totaling $1.7 billion in total consideration. Paul has 17 years of experience in real estate private equity investment, capital markets, and corporate M&A. Prior to joining MG, he held various roles in commercial real estate debt and equity acquisitions, development, and financing. He has a background in corporate M&A and venture capital investing at Northrop Grumman (NOC). Paul holds a Bachelor of Science degree in Mechanical Engineering from the University of Notre Dame, and an MBA in Finance and Entrepreneurship from the UCLA Anderson School of Management.
Paul is also the author of the book: Investing in Real Estate Private Equity: An Insiders Guide to Real Estate Partnerships, Funds, Joint Ventures & Crowdfunding (available on Amazon).
If you like this post, be sure to enroll in our free six week course on the fundamentals of commercial real estate investing — Enroll Now.
Part 2: An in-depth look at the real estate market with Mike Madsen of RealSource Equities on The RealCrowd Podcast - The Fundamentals of Commercial Real Estate Investing.
Mike Madsen a Client Services representative since 2005, has participated in workshops around the nation in the National Association of Real Estate Investors, as well as analyzing multi-family properties and doing market due diligence for RealSource.
To help clients improve their retirement investments Mike and Jeremy Hanks formed RealSource Retirement Services.
If you like this post, be sure to enroll in our free six week course on the fundamentals of commercial real estate investing — Enroll Now.
An in-depth look at the real estate market with Mike Madsen of RealSource Equities on The RealCrowd Podcast - The Fundamentals of Commercial Real Estate Investing.
Mike Madsen a Client Services representative since 2005, has participated in workshops around the nation in the National Association of Real Estate Investors, as well as analyzing multi-family properties and doing market due diligence for RealSource.
To help clients improve their retirement investments Mike and Jeremy Hanks formed RealSource Retirement Services.
If you like this post, be sure to enroll in our free six week course on the fundamentals of commercial real estate investing — Enroll Now.
An in-depth look at office and industrial properties with Danny Mulcahy of Northstar Commercial Partners on The RealCrowd Podcast - The Fundamentals of Commercial Real Estate Investing.
Danny Mulcahy serves as the Director of Equity for Northstar. In this capacity, he is responsible for leading all equity offerings, investor relations, and helping to guide the evolution of the firm’s capital raising and investor relations infrastructure.
Danny brings more than 20 years of experience in leadership and management experience to Northstar. Most recently he was a managing director with Tripoint Global Equities and ZacksInvest, both being boutique investment banks focused on providing early and mid-stage companies with advice and guidance in corporate finance, corporate structure, corporate governance, mergers and acquisitions. Prior to Danny’s roles in investment banking, he was an advisor for Merrill Lynch and Managing Partner of DM Hollo, a commercial real estate asset management and development firm. He has been the broker of record for more than $1 Billion in commercial real estate transactions, assisted with the development, sales, and leasing of more than 1 Million SF of industrial properties along with acquiring and divesting more than 1000 acres of land throughout the southwest United States.
If you like this post, be sure to enroll in our free six week course on the fundamentals of commercial real estate investing — Enroll Now.
An in-depth look at hard money loans with Adam Fountain of Broadmark Capital on The RealCrowd Podcast - The Fundamentals of Commercial Real Estate Investing.
Adam Fountain's responsibilities at Broadmark include investor and client sourcing, and transaction management across all of Broadmark's focus areas including life sciences, technology, new media, middle market, real estate, telecommunications and financial services. His current interests include life science companies that have demonstrated proof of concept, particularly drugs with clinical data and devices with at least animal data, and some mitigation of risk, e.g. shortened regulatory paths, 505(b)2, etc.
Areas of interest in technology include SaaS, new media, and any revenue generating high growth companies. Responsibilities also include all activities related to Broadmark's merchant banking function: identifying and qualifying potential direct investments and producing Broadmark white papers. In addition to these responsibilities, Mr. Fountain is a part owner of Pyatt Broadmark Management, LLC and Broadmark Real Estate Management, and responsible for their investor relations and fund management.*
If you like this post, be sure to enroll in our free six week course on the fundamentals of commercial real estate investing — Enroll Now.*
Listen as Adam Hooper and Steve Weikal discuss how virtual reality, autonomous cars and blockchain may impact the real estate of tomorrow.
Steve Weikal is Head of Industry Relations at the MIT Center for Real Estate, responsible for managing relationships between the Center and its global network of industry partners and over 1000 alumni of MIT’s Master’s in Real Estate Development (MSRED) program in 43 countries. He is also a lecturer and researcher, focused on innovative new technology and business models that disrupt the traditional ways of developing, transacting and managing real estate. He is the founder of Real Disruption, a successful series of conferences discussing the impact of emerging technology on the real estate industry, and he sits on the advisory boards of two Boston-based real estate technology start-ups.
Prior to his position at the Center for Real Estate, Steve was Vice President of NOW Communities, a Concord, MA based developer of new residential neighborhoods that merge the best of traditional design with 21st century energy technology. He was also the Manager of Partner Acquisition at Curl, a VC funded tech start-up launched to commercialize a new coding language developed at the MIT Lab for Computer Science (LCS). He began his real estate career restoring and redeveloping historic theaters in Detroit’s Fox Center entertainment district.
Steve holds a Master’s of Science in Real Estate Development (MSRED) and Master’s in City Planning (MCP) from the Massachusetts Institute of Technology, and a law degree from Suffolk University Law School. He is a licensed attorney, a licensed real estate broker and a LEED Accredited Professional.
If you like this post, be sure to enroll in our free six week course on the fundamentals of commercial real estate investing — Enroll Now.
Listen as Adam Hooper and Todd Laurie discuss the inner workings of a real estate sponsor.
Todd Laurie s a Partner at Baceline Investments. He is responsible for meeting the capital needs for acquisitions activities, overseeing due diligence activities for institutional investors, managing human resources for the firm and plays a key role in the formation of new investments.
Mr. Laurie has a strong background in leadership, relationship building and operations, with over 20 years of experience in these areas. After graduating from the University of Colorado at Colorado Springs with a Bachelor’s degree in Psychology, where he was inducted into Psi Chi, Mr. Laurie established himself as a leader in the staffing industry by successfully turning around underperforming branches for several publicly traded firms.
In 2008, Mr. Laurie became a Director of Corporate Development with a private bank/wealth management firm, where he spearheaded merger and acquisitions efforts, played a key role in the launching of new lines of business, contributed to relationship management, business development and commercial banking activities and was responsible for the recruitment of key, executive positions for the firm.
Since joining Baceline, Mr. Laurie has been integral to growing the firm’s assets under management by playing a direct role in the capitalization and acquisition of over 30 properties valued at over $115 million.
If you like this post, be sure to enroll in our free six week course on the fundamentals of commercial real estate investing — Enroll Now.
Listen as Adam Hooper and Mark Roderick discuss operating agreements and waterfalls.
Mark Roderick is a very boring corporate and securities lawyer. Since the JOBS Act of 2012, he has spent all of his time in the Crowdfunding space and today is one of the leading Crowdfunding and Fintech lawyers in the United States. He writes a widely-read blog, www.CrowdfundAttny.com, with a wealth of legal and practical information for portals and issuers. He also speaks at Crowdfunding events across the country, and represents industry participants across the country and around the world. He can be reached at (856) 661-2265 or mark.roderick@flastergreenberg.com.
If you like this post, be sure to enroll in our free six week course on the fundamentals of commercial real estate investing — Enroll Now.
Listen as Adam Hooper and Mike Hu go in-depth on the key fundamentals of hospitality investing.
Mike Hu is a Senior Vice President at Gaw Capital and he leads the Capital Markets team in the US. Mr. Hu is based in Los Angeles, our US headquarters, and is responsible for capital formation, co-investments, separate account investments, investor relations and marketing.
Mr. Hu joined Gaw Capital in 2011 and was previously a member of Gaw Capital’s acquisitions and investment team based in Hong Kong, our global headquarters. In December 2014, Mr. Hu was relocated to Los Angeles to help grow our US business.
Before joining Gaw Capital, Mr. Hu was with Tishman Speyer in London and New York, where he as part of their Leadership Development Program. While at Tishman Speyer, he completed rotations in acquisitions, debt financing/restructuring, property and asset management, and design & construction.
If you like this post, be sure to enroll in our free six week course on the fundamentals of commercial real estate investing — Enroll Now.
Episode 9 of the Fundamentals of Commercial Real Estate Investing is now available on your favorite podcast listening platform. In this episode, RealCrowd Co-Founder & CEO, Adam Hooper, discusses how to evaluate a real estate sponsor's investment opportunity with Paul Kaseburg, Chief Investment Officer at MG Properties Group.
Paul Kaseburg joined MG Properties Group in 2010 and is responsible for the firm's acquisition, disposition, and capital markets activities. At MG, he has been involved with the purchase of approximately 12,000 units totaling $1.7 billion in total consideration. Paul has 17 years of experience in real estate private equity investment, capital markets, and corporate M&A. Prior to joining MG, he held various roles in commercial real estate debt and equity acquisitions, development, and financing. He has a background in corporate M&A and venture capital investing at Northrop Grumman (NOC). Paul holds a Bachelor of Science degree in Mechanical Engineering from the University of Notre Dame, and an MBA in Finance and Entrepreneurship from the UCLA Anderson School of Management.
Paul is also the author of the book: Investing in Real Estate Private Equity: An Insiders Guide to Real Estate Partnerships, Funds, Joint Ventures & Crowdfunding (available on Amazon).
If you like this post, be sure to enroll in our free six week course on the fundamentals of commercial real estate investing — Enroll Now.
In this episode, RealCrowd Co-Founder & CEO, Adam Hooper, discusses how to evaluate real estate sponsors with Paul Kaseburg at MG Properties Group.
In this episode listeners will learn about:
- How to evaluate the executive team
- Is there a point where a good deal outweighs in-experienced sponsorship?
- The importance of local market knowledge and relationships
- What to look for in a sponsors track record
Paul Kaseburg joined MG Properties Group in 2010 and is responsible for the firm's acquisition, disposition, and capital markets activities. At MG, he has been involved with the purchase of approximately 12,000 units totaling $1.7 billion in total consideration. Paul has 17 years of experience in real estate private equity investment, capital markets, and corporate M&A. Prior to joining MG, he held various roles in commercial real estate debt and equity acquisitions, development, and financing. He has a background in corporate M&A and venture capital investing at Northrop Grumman (NOC). Paul holds a Bachelor of Science degree in Mechanical Engineering from the University of Notre Dame, and an MBA in Finance and Entrepreneurship from the UCLA Anderson School of Management.
Paul is also the author of the book: Investing in Real Estate Private Equity: An Insiders Guide to Real Estate Partnerships, Funds, Joint Ventures & Crowdfunding (available on Amazon).
If you like this post, be sure to enroll in our free six week course on the fundamentals of commercial real estate investing — Enroll Now.
In this episode, RealCrowd Co-Founder & CEO, Adam Hooper, discusses fees that investors will come across when investing in commercial real estate with, Michael Episcope, Co-Founder & Principal at Origin Investments.
Michael Episcope co-chairs the Investment Committee and oversees capital raising efforts and company operations at Origin Investments. He has been an active real estate investor for more than 15 years and has overseen the acquisition and disposition of more than $1 billion of commercial real estate. He cofounded Origin Investments in 2007 as a vehicle to invest his personal capital in private real estate. He has helped Origin become an industry leader through his 25 years of risk management and investment experience.
Before forming Origin, Michael spent 15 years trading interest rate derivatives. He had a prolific career and was twice named one of the top 100 traders in the world by Trader Monthly Magazine. In 2005, he retired from trading with the intention of focusing full-time on real estate investing.
If you like this post, be sure to enroll in our free six week course on the fundamentals of commercial real estate investing — Enroll Now.
n this episode, RealCrowd Co-Founder & CEO, Adam Hooper, discusses the ins and outs of self directed IRA investing with leading expert, Mat Sorensen.
Mat Sorensen is a partner at KKOS Lawyers in its Phoenix, AZ office. KKOS Lawyers assists clients nationwide from its offices in Arizona, Utah, and California. Mat’s practice has a particular emphasis on self directed retirement plan law. Mat has assisted over 1,000 clients with self directed retirement plan investments and has established IRA/LLCs, partnerships, private offerings, corporations, and other investment structures with self directed IRAs and 401(k)s. In addition to his legal practice, Mat also serves as an instructor for the Retirement Industry Trust Association's ("RITA") Self Directed IRA Professional certification program. RITA is the premier national association representing the self directed retirement plan industry.
If you like this post, be sure to enroll in our free six week course on the fundamentals of commercial real estate investing — Enroll Now.
Listen as Pat Poling, Founder & CEO of Mara Poling, discusses the impact of the election on multifamily investments, the current multifamily climate and where multifamily is headed in 2017.
Mara Poling is a total return real estate investment firm dedicated to helping their Investor Clients Build Lasting Wealth. Headquartered in Dallas, Texas with offices in Northern California, Mara Poling’s principals bring over 60 years of commercial real estate experience to the multi family investment market. Experienced asset managers with a proven track record including acquisition and management of over $1B in assets, $1.5B in annual cash flow, and more than 10,000 acquisitions. Mara Poling has acquired 700+ units $40M in Multi Family assets in the last 15 months.
If you like this post, be sure to enroll in our free six week course on the fundamentals of commercial real estate investing — Enroll Now.
Episode 6 of the Fundamentals of Commercial Real Estate Investing is now available on your favorite podcast listening platform. In this episode, RealCrowd Co-Founder & CEO, Adam Hooper, goes even deeper on the current economic climate and how it will impact real estate investing with Michael Madsen, Economics Director at RealSource.
Michael Madsen, a Client Services representative since 2005, has participated in workshops around the nation in the National Association of Real Estate Investors, as well as analyzing multi-family properties and doing market due diligence for RealSource.
RealSource was established in 1989 with the central focus of putting our investor clients in the right place, at the right time, to help insure their maximum profitability. Putting the investor in the right geographical location in the right economic conditions is the heart of location investing and what we call "Prime Time Investing."
If you like this post, be sure to enroll in our free six week course on the fundamentals of commercial real estate investing — Enroll Now.
Episode 6 of the Fundamentals of Commercial Real Estate Investing is now available on your favorite podcast listening platform. In this episode, RealCrowd Co-Founder & CEO, Adam Hooper, goes even deeper on the current economic climate and how it will impact real estate investing with Michael Madsen, Economics Director at RealSource.
Michael Madsen, a Client Services representative since 2005, has participated in workshops around the nation in the National Association of Real Estate Investors, as well as analyzing multi-family properties and doing market due diligence for RealSource.
RealSource was established in 1989 with the central focus of putting our investor clients in the right place, at the right time, to help insure their maximum profitability. Putting the investor in the right geographical location in the right economic conditions is the heart of location investing and what we call "Prime Time Investing."
If you like this post, be sure to enroll in our free six week course on the fundamentals of commercial real estate investing — Enroll Now.
Episode 8 of the Fundamentals of Commercial Real Estate Investing is now available on your favorite podcast listening platform. In this episode, RealCrowd Co-Founder & CEO, Adam Hooper, discusses the tax advantages of real estate investing with Timothy Wallen, CEO of MLG Capital.
Timothy Wallen, is a Principal, CEO, and sits on investment committee for MLG Capital. Tim joined MLG in 1989 as the Chief Financial Officer. In 2000, he assumed the role of Chief Executive Officer. He serves on the Board of Directors, and is an Officer for the MLG Affiliation of Companies including MLG Capital, MLG Development, and MLG Management. As CEO, Tim remains committed and involved with daily, integral functions of the investment and development segments. This includes long-term and short-term business strategies, innovative concepts to debt financing, and complex partnership structures. Tim is also a Principal and Board Member of NAI MLG Commercial, which provides Brokerage and Property Management services to Wisconsin.
Prior to joining MLG, Tim was a Tax Manager with PriceWaterhouseCoopers in San Francisco and Milwaukee. He specialized in income tax planning for partnerships and corporations in the real estate industry. In 1989, he transferred to the Milwaukee office where he was promoted to the position of manager.
If you like this post, be sure to enroll in our free six week course on the fundamentals of commercial real estate investing — Enroll Now.
Episode 7 of the Fundamentals of Commercial Real Estate Investing is now available on your favorite podcast listening platform. In this episode, RealCrowd Co-Founder & CEO, Adam Hooper, discusses what's happening in brick and mortar retail with Eric Hohmann, President & Co-Founder of Bond Street Advisors.
Eric Hohmann, is a founder and Principal of Bond Street Advisors, and is also the former President of Madison Marquette, a private commercial real estate investment and services company.
Bond Street Advisors is a real estate investment management firm whose core objectives are to provide investors with reliable, monthly, tax advantaged cash flow. Bond Street owns more than 20 open air convenience retail centers in five southeastern US states.
If you like this post, be sure to enroll in our free six week course on the fundamentals of commercial real estate investing — Enroll Now.
Listen as Adam Hooper and Mark Roderick discuss crowdfunding for real estate and the legal documents investors sign when investing in a real estate deal.
Mark Roderick is a very boring corporate and securities lawyer. Since the JOBS Act of 2012, he has spent all of his time in the Crowdfunding space and today is one of the leading Crowdfunding and Fintech lawyers in the United States. He writes a widely-read blog, www.CrowdfundAttny.com, with a wealth of legal and practical information for portals and issuers. He also speaks at Crowdfunding events across the country, and represents industry participants across the country and around the world. He can be reached at (856) 661-2265 or mark.roderick@flastergreenberg.com.
If you like this post, be sure to enroll in our free six week course on the fundamentals of commercial real estate investing — Enroll Now.